RossFraney

Another decision point

BITFINEX:BTCUSD   Bitcoin
Similar to the last enf of triangle still visible on chart. A break up past 10.9 would both be breaking back into long term uptrend, and breaking the downtrend from 20k. 13k(ish) fib level should be next target. On the other hand a break of the current fib support could be ugly.
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.