Rogez

BTC 52K inbound

BITSTAMP:BTCUSD   비트코인
We have broken out of the ascending triangle we have been forming for the past few weeks. Clearly shown by the diagonal support across the bottom and the three touch points on the resistance of 45k. 52k on the .382 Fibonacci retracement which previously acted as support/resistance, this is the breakout target currently to look out for. We are slightly over sold on the 4hr but as long as we can close the weekly candle outside the triangle this is a very bullish scenario.
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