Bitcoin - The bulls have taken over!
Keep it plain, simple and minimize the noise!
Here we see a large ascending triangle pattern forming with the probability of a 77% chance of breaking to the upside and a 23% chance of breaking to the downside.
Daily MACD about to cross green, while the RSI is showing an ascending triangle or you can also view it as an inverse head and shoulders - they are both bullish patterns and pretty much the same in this case as they both have the same resistance/level to break.
With these indicators, I believe this is the move the bulls have been waiting for to finally crack that 46k resistance and head up towards the 50k mark.
Comment your ideas down below!
First time poster, long time trader - always keeping it simple :)
Here we see a large ascending triangle pattern forming with the probability of a 77% chance of breaking to the upside and a 23% chance of breaking to the downside.
Daily MACD about to cross green, while the RSI is showing an ascending triangle or you can also view it as an inverse head and shoulders - they are both bullish patterns and pretty much the same in this case as they both have the same resistance/level to break.
With these indicators, I believe this is the move the bulls have been waiting for to finally crack that 46k resistance and head up towards the 50k mark.
Comment your ideas down below!
First time poster, long time trader - always keeping it simple :)
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