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AleksDu
Aug 8, 2020 11:22 AM

#BTC long scenario remains in force: btc continues to grow) Long

Bitcoin / TetherUSBinance

Description

BTC is still in a rising wedge.
It kept above the trend line and continues the local upward movement.
It should be borne in mind that the resistance line is drawn along the shadows of very "emotional" candles.
Btc is gradually approaching the support of the horizontal range. Studs stand out very strongly against the background. The bears seem to be trying, but they are instantly stopped.
At the moment, nothing prevents you from reaching 13200. The best option would be to drop the position there.
At the moment, everything looks in favor of the bulls: the instrument is likely to go out of the range in the near future.

The scenario will be canceled by a confident breakout of the support line.
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