BITCOIN: Ascending Triangle action [BTC/USD price update 3/19/2018]

in #bitcoin7 years ago (edited)


ASCENDING TRIANGLE FORMATION:

There is resistance seen at about the $8595 area. BTC is looking to break past this resistance level to push into $9k or shall fall and have a significant correction possibly into the $7k area.


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We are seeing higher highs and higher lows forming and the ascending triangle formation is holding.

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For future viewers: price of bitcoin at the moment of posting is 8522.20USD