EnlightenedTrading

Ascending triangle! Bitcoin to 11,900??!

Long
BITSTAMP:BTCUSD   Bitcoin
Hey there,

Please support this idea with your likes and follow me here on TV!

We got a small ascending triangle on Bitcoin looking at the hourly chart, which recently
broke descending resistance by breaking the trendline.
Target once 11,700 is broken significantly is 11,900 resistance.

Looking for consolidation around that level, with possibility of going higher.
Still scepticle of more bearish momentum.
Will see what happens at 12k!

Cheers,
Konrad

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.