Earlier today we had a break up on 1h, 4h and 1D if we close above 10800 later today.
On 3rd September we had a break down on 1D chart and it looks like it retested the broken support which is now a resistance on 19th Sep closing just above 11k. After a while BTC formed a symmetrical triangle on 1D chart which will be broken upwards if we close above 10800.
If this is to happen I think that we may visit 11600 - 11750 before falling but I may be very wrong!
On 3rd September we had a break down on 1D chart and it looks like it retested the broken support which is now a resistance on 19th Sep closing just above 11k. After a while BTC formed a symmetrical triangle on 1D chart which will be broken upwards if we close above 10800.
If this is to happen I think that we may visit 11600 - 11750 before falling but I may be very wrong!
Comment:
1D closed on 10924 here we go! We may have a retest of the broken triangle before the next leg up but considering SPX500 is on the way up Bitcoin could follow.
Comment:
On 15min it looks like we BART down to retest the broken triangle
Comment:
Great success!