Ironman8848

BTC - ASCENDING TRIANGLE IN PROGRESS - POTENTIAL GAIN 3474 !

BITSTAMP:BTCUSD   Bitcoin
H1 : A potential breakout of the ascending triangle is in progress and should be confirmed.
Likely to see some pullback towards the breakout level (around 40'000)
Watch closely price action over the coming minutes and hours, as a breakout confirmation
of this pattern would open the door for 43'434 (+ 3474) which would be the first step towards
the next significant resistances levels I mentioned in my previous analysis published earlier
today.

A failure to hold above 40'000 would invalidate this pattern for the time being.
Penafian

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