jonmatheus

BTC Ascending Channel

Long
BITFINEX:BTCUSD   Bitcoin
BTC is currently in a smaller ascending channel (purple) trying to keep up over the main descending channel (Green). It found resistance at Fibonacci 1.0 retracement and there's now resistance in the middle of the channel. We are trading inside a triangle (orange) which will breakout or breakdown very soon, volume will confirm it.
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