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UtkuYucel
Jul 17, 2020 12:13 PM

BTC/USD - READY FOR HUGE BULLISH RALLY | Ascending Triangle Long

Bitcoin / U.S. dollarBitstamp

Description

As you can see, price is in the Ascending Triangle and completed the 5th elliot wave.
I am waiting for the breakout outside the triangle but there is also a trendline (Weekly) coming down from 19K price level.

-> If there's a breakout of a Weekly trendline. The Bullish BTC/USD rally will start.
-> If It can't break the trendline, BTC will pull back to 5K levels.

Waiting for your comments and responds about the idea.

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