BItcoin Technical Analysis. Good for buying!
BTCUSD current scenario is bullish.We are in the fifth impulsive wave which may continue till 9200-9400 dollars.
THe triangle breakout looks good.
The daily candle of yesterday also closed above the resistance of $7500.
THe next resistances are at 7900 and 8300.
Btc also formed the head and shoulder pattern and the cup and handle pattern which is a strong bullish sign.
The Macd indicator is also showing a bullish sign in which crossover is about to happen.
Follow at your own risk.
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