TradingShot

BITCOIN Time for the Triangle to break?

BITSTAMP:BTCUSD   Bitcoin
That is the Triangle I've been talking about since last week, the one Bitcoin has been trading in. As you see the Higher Lows and Lower Highs Zones are clear.

* On the 4H time-frame, the RSI is on Higher Lows while the MACD just made a Bullish Cross.
* The MA50 is about to form a Death Cross on the MA100.

Do you think that's enough to make it break upwards or downwards? Feel free to share your work and let me know in the comments section!



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