BTC/USD - RSI Trend Bullish Ascending Triangle
Bitcoin in pattern analysis
Bitcoin has reached its highest price while it is in an "ascending triangle" which seems to be keeping the price in the range and also in an upward trend breaking 20,000 would certainly be the biggest explosion that bitcoin could have but it is not known until when so 19,988 is the best target without waiting for the break and risking profit.
What gives RSI ?
RSI an upward trend in bitcoin where so far gives 2 purchases and one sale while we are waiting for the purchase of 3 which is in a trend channel which can help us to continue further.
Bitcoin has reached its highest price while it is in an "ascending triangle" which seems to be keeping the price in the range and also in an upward trend breaking 20,000 would certainly be the biggest explosion that bitcoin could have but it is not known until when so 19,988 is the best target without waiting for the break and risking profit.
What gives RSI ?
RSI an upward trend in bitcoin where so far gives 2 purchases and one sale while we are waiting for the purchase of 3 which is in a trend channel which can help us to continue further.
Comment:
So i get out from trend bullish after break trendline of support when we see for buy zone in 4-5 candle bullish but with this break look more for downtrend to 17K
