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lobfxempire

Bitcoin Following Ascending Channel

Long
Bitcoin (BITSTAMP:BTCUSD)  
lobfxempire  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Bitcoin (Cryptocurrency) Cryptocurrency BTCUSD btcusdlong bullmarket2020 Ascending Channel
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trendanalysis indicator bitcoin cryptocurrency btcusd btcusdlong bullmarket2020 ascendingchannel
Bitcoin has found Ascending Support & Resistance on the Daily timeframe. Price is currently testing local Resistance turned Support. If failure to break support occurs, I think price could surpass $12,505. Creating new highs in the process. The Parabolic SAR also indicates more bullish action to come. Trading is never one-sided, so a pull back to it's support level zone is still possible.

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