BitcoinSymphony

BTC channel/uptrend

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POLONIEX:BTCUSDT   Bitcoin / Tether USD
BTC still struggling in the channel pattern between strong psychological support 10000.0 and 12000.0 resistance. Nonetheless rises the lower points with each wave, which confirms the bullish scenario.
Two options that do not contradict the bullish scenario:
  • Buy on bottoms, at the 11000.0 level or near the support angle
  • Buy when the price crosses the 12000.0 resistance
The 13000.0 level will play as strong resistance. It would be wise to take some profits on this level and re-enter after the breakthrough.
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