BTC looks to be having healthy consolidation.
The price has bounced off a long term lower support line multiple times. It has also touched an upper resistance line twice. BTC price appears to be consolidation in an Ascending triangle pattern. If the upper resistance line is touched three times, this would strongly confirm this idea.
I'm expecting a breakout in mid-January; hopefully to the upside.
The price has bounced off a long term lower support line multiple times. It has also touched an upper resistance line twice. BTC price appears to be consolidation in an Ascending triangle pattern. If the upper resistance line is touched three times, this would strongly confirm this idea.
I'm expecting a breakout in mid-January; hopefully to the upside.
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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.