Bitcoin/USD ( Daily ). 'Moving Along'.
After the bullish reversal and base(d-bottom 337), 4 month RSI brake_out momentum,
while clearing some obstacles along the way(trend_lines, fibs),
price has formed a well defined uptrend channel, breaking out of the short term consolidating triangle,
following the potential geometric symmetry, it could reach the 61.8% and 200 sma level, weekly 50 sma, channel upper bound. ( 3rd target ).
RSI at 54. ( in an uptrend )
Stochastic base turn and rising.
After the bullish reversal and base(d-bottom 337), 4 month RSI brake_out momentum,
while clearing some obstacles along the way(trend_lines, fibs),
price has formed a well defined uptrend channel, breaking out of the short term consolidating triangle,
following the potential geometric symmetry, it could reach the 61.8% and 200 sma level, weekly 50 sma, channel upper bound. ( 3rd target ).
RSI at 54. ( in an uptrend )
Stochastic base turn and rising.