bonic

BTCUSD TA time. 23-10-2021.

BITSTAMP:BTCUSD   Bitcoin
Alright short update: BTCUSD might be forming an ascending triangle. Which has a high probability of breaking bullish. However, if that's the case. It kind of needs to retest the support. See bullish and bearish targets on chart. EMI 2 is also converging a bearish divergence which would make sense. If it's indeed forming an AT. EMI 1 is showing lots of bearish resistance. Time will tell weather the bears will persevere. Otherwise straight towards 100k.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.