BitcoinUpdated BTC march/april 2020
RED dotted line found support in the past .. possibly resistance now (already 2nd attempt now)
ascending GREEN triangle targeting 9k
or if falling out under triangle (since Corona pushed it back down in its orginal large descending channel)
ascending PURPLE channel targeting 8K *
ascending GREEN triangle targeting 9k
or if falling out under triangle (since Corona pushed it back down in its orginal large descending channel)
ascending PURPLE channel targeting 8K *
Note
formation of a rising wedge is of course also a possibilitygiving more credence to the purple situation
Trade closed: target reached
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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.