After iH&S neckline breakout 
BTC is trying to get back into symmetrical triangle that it broke down on June 10th.
I'm closely watching symmetrical triangle supported turned resistance now (circled), if Bitcoin manages to close above that trend line I'm pretty optimistic price would hold in this range for long time.
BTC is trying to get back into symmetrical triangle that it broke down on June 10th.I'm closely watching symmetrical triangle supported turned resistance now (circled), if Bitcoin manages to close above that trend line I'm pretty optimistic price would hold in this range for long time.
Trade active
After a slight pull back Bitcoin is attached triangle resistance again, looks set to close above it and that would be a great sign though 100 day MA resistance is hovering just above itTrade active
Great daily close today. Managed to close above triangle resistance, expecting it to trade within this triangle now and then attempt to break upper trend line resistance of this triangle.
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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.