Btc seems poised to break up from descending channel.
Target of this breakout currently in the 8.3k range however if we can then flip this yellow horizontal to solidified support as well as close the daily candle as a bullish engulfing candle, odds are good that this is just the beginning of a more sizeable rally. Must wait and see how he 1 day closes and whether or not we can flip this horizontal to solid support 1st though.
Note
Target hit!
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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.