Bullish Setup For BTC Target 14k

18 באוג׳ 2019

We are potentially forming an ascending triangle on weekly chart which by basic TA is bullish but until proven otherwise it is not valid.
Indicators shows a bull cross on weekly 20 MA (Color Blue) and 100 MA ( Color orange) could sparks upward action in the coming weeks.
As long as we haven't broken our higher low at around 9k price bull trend is still intact.
For long term investor this price range is still very juicy if we look at the chart on weekly and even on monthly.