MysteryFox

BTC IS EXPECTED TO GO UP!

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
On the Chart we can see a 'triangle' formation. What it tells us about?
As you can see prices fluctuating less and less over time inside the 'triangle'. They have hit support and resistance levels 5 times. For us it means that chart might continue drawing the shape and after that I expect to see the breakout $10749 level plus I used a Fib retracement so I will expect the breakout on $10799 too.
But there is a probability of price break down the support level . In that case we can consider SHORTing.

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Remember this analysis is not a 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.

Comment: Targets Reached!