A possible Break Out to 11K resistance soon !
What I want to draw attention today is the recurring triangle pattern, which shows signs that Break Out is so close. According to calculations and a graph, this may mean that Bitcoin will try to leave this triangle in the next 10 days. Apparently this should be a situation of 85% break out to $ 11K resistance 15% towards $ 10K.
Technical analysis:
Important Support at $ 10K
Current Resistance at $ 11.3K
Strong Resistance at $ 12K
Daily RSI looks bullish / Bull trend support ( 40 ) held
MACD neutral
Technical analysis:
Important Support at $ 10K
Current Resistance at $ 11.3K
Strong Resistance at $ 12K
Daily RSI looks bullish / Bull trend support ( 40 ) held
MACD neutral
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