CryptoTaxAttorney

Ascending Triangle on BTCUSD 4 hr Chart Acting as Price Support

Long
BITFINEX:BTCUSD   Bitcoin
BTC has formed an ascending triangle and the top trend line appears to be acting as support for price.
Comment:
Thus far, the triangle has continued to act as support and price has moved above and is hugging the 21 EMA. That said, there is some indecision in where price wants to head.

Stay tuned.

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