Bitcoin Price Broke up Triangle Pattern
There was triangle pattern on Bitcoin price chart after price dump. It was possible bearish flag pattern but Bitcoin price broke up this triangle. We may see mini bullish trend on Bitcoin price chart after breaking up this pattern.
Here you can see daily chart of Bitcoin price. We have seen breaking up a few days ago. But Bitcoin price reversed down again in this pattern. It may be correction of this breaking up. We may see mini bullish trend on Bitcoin price chart. Even, it is possible to see mini bullish trend on Bitcoin price chart, we should be careful about something.
Here you can see daily chart of Bitcoin price and the indicators. There are uptrend lines on these major indicators. Fisher Indicator touched this uptrend line. It is possible to see reversing up from this level. It means, it is so possible to see mini uptrend on Bitcoin price chart.
There are also uptrend line on MACD Indicator and RSI Indicators. They will be broken down at the end of this month. After they are broken down, mini uptrend on Bitcoin price chart will be ended. This is why I said we should be careful about something.
Even Bitcon price chart seems bullish, we will see breaking down these uptrend lines until end of this month. We should be creaful day by day. We are getting closer to price correction on Bitcoin price chart.
We will see..
Great post! Featured in the hot section by @punicwax.