Ascending triangle being formed on the 15min time frame.
Price has been consolidating between $10100 - $10500 over the past week.
With RSI now returning back to its neutral position & as the price continues to increase, I expect to see price hit the tested base at $10500.
If it breaks the resistance of $10500, the next target will be $10900 (highest point since...
Following from my last post (), BTC had hit my target point of $10.5k (last 6 months high).
It has bounced off Monday's resistance at $10.2k at touched the bullish liquidity base at $10.1k.
With low RSI, I've set a target point at $10350.
Looking at the 15min timeline – BTC has been consolidating between $9670 to $9870 for the past 2 days.
It has for the third time hit the tested base at $9830 to $9870.
If it breaks through around $9850, looking for target point of $10500 (last seen on the Oct-25-2020).