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BTC looking good to break out of symmetrical triangle
I'm continuing to track the long term symmetrical triangle on BTC. Good movement this morning and a slight uptick in volume has pushed BTC over the Fibonnaci resistance. A closer look at the 1 hour is hopeful it might now offer some support.
Stoch is downwards but no longer overbought. I'm more positive (but still far from sure) that BTC will break northwards out of this and could go on a summer run to 22-23k.
Stoch is downwards but no longer overbought. I'm more positive (but still far from sure) that BTC will break northwards out of this and could go on a summer run to 22-23k.
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