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r.balejik

Moment of truth - ascending triangle, 1yr trendline, 200 Ma

Bitcoin (COINBASE:BTCUSD)  
r.balejik  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Beyond Technical Analysis
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trendanalysis beyondta
"long term" trendline (~ 1 year) and 200 MA will cross near the edge of that huge (ascending) triangle, so the decisive moment is few weeks ahead. As long as BTCUSD stay above that long term trendline I'm very optimistic. And even if it croses it, there is still a chance of breaking out that triangle to the upside.
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