BTCUSD - Ascending Triangle?

19 Oca 2018

After breaking the bearish channel, BTCUSD looks like it is forming an Ascending Triangle.
If price breaks the resistance of the triangle, we have bullish confirmation/ you can set buy orders in the region of 12k USD.

20 Oca 2018

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BTC is bullish

21 Oca 2018

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The support of the former bullish channel proved a tough resistance, bulls didn't have enough power to break it. Price bounced back and it's now on support, which is formed by the continuation of the triangle line. This support should be strong as it was tested 6 times in the last days. Let's hope it holds, otherwise we might retest 10k zone.

25 Oca 2018

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Checkout BTC evolution from a broader perspective: