Alexander0809

BTC Bounce to 8800 USD or Breakdown to 6700

COINBASE:BTCUSD   Bitcoin
Hello ladies and gentleman
Today we are looking at BTC/USD
First of all this is a simple triangle pattern.
It´s drawn in a log chart.
This TA speaks for itself so if we get a bounce back off this bottom line we will hit 8800 USD, but if it break out of the triangle so we hit the 6700 USD and after this we get down to 6000 USD.
At 6000 USD we have pretty big support

Guys if you like my TA follow me on Trading View and check out our trading signal group for cryptocurrenty
bit.ly/tradingtipps
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.