Hidden Bull - Ascending triangle
BTC had a 0.5 correction of this current run-up on August 1st. Since then, BTC continues to form an ascending triangle. In addition to the bullish formation, there is hidden bullish divergence on the 4H.
There is always a chance that this formation breaks down, but if the triangle plays out, look for continuation with target of psychological and historical resistance at $14,000.
There is always a chance that this formation breaks down, but if the triangle plays out, look for continuation with target of psychological and historical resistance at $14,000.
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