EnlightenedTrading

Ascending triangle! Bitcoin to 11,900??!

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BITSTAMP:BTCUSD   Bitcoin
Hey there,

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We got a small ascending triangle on Bitcoin looking at the hourly chart, which recently
broke descending resistance by breaking the trendline.
Target once 11,700 is broken significantly is 11,900 resistance.

Looking for consolidation around that level, with possibility of going higher.
Still scepticle of more bearish momentum.
Will see what happens at 12k!

Cheers,
Konrad

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