Bitcoin has hit the low end of the ascending triangle and found support there. Tom Demark count has closed the week with a green 1. It is also a doji candle. Which is very bullish in this case. If it was a red 2 we would be expecting price decline.
Stoch RSI is oversold on the daily and hourly timeframes. I am expecting a price increase starting from now. I expect we will first try the upper end of the ascending triangle (10300). If we break that area next target will be 12780 which is the depth of the ascending triangle.
Stoch RSI is oversold on the daily and hourly timeframes. I am expecting a price increase starting from now. I expect we will first try the upper end of the ascending triangle (10300). If we break that area next target will be 12780 which is the depth of the ascending triangle.