Bitcoin looks like it's in an ascending triangle; target $11160

27 thg 9, 2020

Bitcoin has been in an uptrend since the $10100 low formed with support at the 21 wma. It looks like it's in an ascending triangle now. A break of resistance at $10800 should lead to a $11160 target. I'm expecting to see the 21 wma to act as support from now on after providing support at both $9800 and $10100.