AzrulAzir

BTCUSD road to $11K

Long
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
At previous analysis we success hit bottom price at symetrical triangle support, and now bitcoin success break up bullish confirmation level.
this is very good news for bullish .
In this chart, we will discuss long term analysis and short term analysis.

You can see that we have triangle pattern here, and we also have support zone at $5800 to $5880.
This area will be a strong support in case symetrical triangle failed.

for next resistance we have triangle resistance, around fibonacci 0.09 at $7050,
if this resistance break up, a good bullish wave will perform with $11150 target at symetrical triangle resistance and this level also as fibonacci 0.382.

To follow bullish movement, we have short term analysis,
you can check here :

note : to understand better about this analysis, check our daily video analysis
Trade active: this analysis closed, we have new update ^_^

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