Jushan

BTC looking to break out of Consolidation

Jushan Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC has been consolidating since past 2 weeks inside a triangle. Possible break up to test the resistance 42k. It has to break above 42k level for any higher prices. If it breaks down from the cosolidation lower price can be expected

lower prices to 34k, 30, 24k
Comment:
Its has broken out of the triangle. 39k next Resistance before major 42k..... watching closely here
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.