Bitcoin Potential decision point

2020年10月8日

Btc show clear traingle pattern on daily frame

and could be a Potential decision point
The chart is simple :

1- daily close above the upper trend line of traingle is a buy/long signal toward 11500-12k level in short term

2- daily close below the lower trend line of traingle (around 10300) is a sell/short signal toward 9-8k levels in short term

Both supports /resistances alsow show in chart

This idea for daily frame

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on weekly frame clear rising wedge which is bearish
here is a chart on weekly



weekly frame suggest drop until we close 1w above recent high 12500

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