Two versions of possible outcome from this ascending channel. I more likely stand for the orange version. The yellow line is ascending trendline since last channel breakout, working as possible support and pushes price up, till new breakout from actual ascending channel.
Comment:
Look like we are following the blue version, BTC just touched the yellow trend line, that keep perfectly acting like support. Hopefully we will reach 11400+- again and break out the triangle
Trade closed: target reached:
Look like BTC had struggle to break out the upper line of ascending channel, so coming break out was almost obvious. Since 12 hours before break out volume increased and then explode together with BTC. The profit is now about 10%.