Bitcoin Bullish Ascending Triangle Formation
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Bitcoin after a great rally and rejecting resistance at 11,000s, forming an ascending traingle (Bullish). Possible target zones have been testified through Trend based Fib-Extension. Possibility of rejecting from Above Zones and consolidation on 10,800s. Crucial point for stop loss is placed, with support of MACD, MOVING AVERAGES and RSI.
Bitcoin after a great rally and rejecting resistance at 11,000s, forming an ascending traingle (Bullish). Possible target zones have been testified through Trend based Fib-Extension. Possibility of rejecting from Above Zones and consolidation on 10,800s. Crucial point for stop loss is placed, with support of MACD, MOVING AVERAGES and RSI.