COINBASE:BTCUSD   Bitcoin / U.S. Dollar
As we have been consolidating in the symmetrical triangle over the last couple of months. I'm looking for a breakout to the upside as bull flag patterns are bullish as are symmetrical triangles. As long as we don't see the 100 Day MA cross the 50 Day MA I am bullish . We can easily test previous highs which was roughly 14k , if not test previous ATH . If we do have a breakdown, I see strong support at about 8K. Not Financial Advise.
Comment: As we had the crossing of the 50 and 100 MA's it turned bearish. Now we have come down to test the 200 MA and are finding support in the low 8k region. RSI is showing bitcoin is oversold there's a chance that we get a rally that puts us back into the symmetrical triangle.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out