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Bitcoin Ascending Triangle Can Hit $9500+ Next
Bitcoin
Bitcoin Ascending Triangle Can Hit $9500+ Next
By AlanSantana
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Updated
Mar 8, 2020
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Mar 7, 2020
Bitcoin (XBTUSD) is now trading within an ascending triangle and showing a strong/bullish chart... Let's take a quick look:
Consolidation has been strong with prices staying always above EMA10. We remain bullish above EMA10 ($9105).
The ascending triangle pattern is a bullish pattern, so more strength for the bulls.
The MACD is bullish and the RSI strong.
Trading volume is really low... On a bullish cycle, we can take this as a continuation signal, prices can jump here without volume.
WARNING...
Conditions for change
If prices for XBTUSD move and close below EMA50 ($8991), the above signals become invalid.
This is not a piece of trade advice.
This is not financial advice.
All of our trades are clearly marked and contain buy-in, targets, stop-loss, and additional information.
Here you can see an example of how one of our FULL trades look like:
XBTUSD | 136%
(scroll down to see it)
Thanks a lot for reading.
Namaste.
Mar 8, 2020
Note
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🏆 STPTBTC (+167%)
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Mar 8, 2020
Note
New update after the DROP
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