Btc has been consolidating in this symmetrical triangle, the bottom of the pattern is around 18,710 area as showing on the chart, a a breakout above 19,130 with volume and confirmation, has a target of 20,887!! As of now most indicators are showing sell signs, but we have been supported by this trendline for a while now. We are in fact creating bullish divergents on the 4hr, and I strongly feel that this move should Be coiling up for blast off over the next day or 2. Once MACd and other smaller time frame osilators start to roll over to the upside, move should start to become imminent! Keep a close eye on btc!
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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.