emre246

Up Trend Still Current-First Target:12700 $

BITFINEX:BTCUSD   Bitcoin
RSI turns through the up within past a few 4H. MACD acceleration decreased, but still signalling to BUY.

Trend line's movement is near the up line of Bollinger Band.

Indicator analysis shows us a up trend. But, let's look at the chart analysis. You can see that, trendline which is coming from 6000$ to the today's price is still active. The down trend line which is passing through the 19800$ and 17000 $ is squeezing the up trend line. Another important thing is; another trend line creates a ascending triangle.

So,all that things show us, BTC is going to rise within a few days. This is the decision time, but when I've looked all this things, the way is UP!

Thank you...

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