BTCUSD
Hi everyone,
... back with another (quick) update.
As predicted in my previous post, BTC bounced off the .5 Fib (11,330).
So, what now?
In my opinion, we are forming an ascending triangle (AT), with resistance at the .786 Fib (11,770).
We are currently riding the support of the triangle, so watch out for that. A break down (with convincing volume) would invalidate the AT.
Until that happens, I will remain bullish.
OPINION (unchanged): BULLISH
ANALYSIS (updated):
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See above
Comment:
Quick update!