Bitking786

Is the Bitcoin Bull-Run start?? monthly chart structure!!

COINBASE:BTCUSD   Bitcoin
Technical analysis: #BITCOIN (Monthly update)

* BTCUSD is taking support from Raising wedge Pattern Trend line in Monthly time frame and

break out the falling wadge pattern.

*Bitcoin Bulls are Regain the 50-MA is Good sign but need to Reclaim the 29k Horizontal Resistance as support as well as 21-MA for further Upside movement ..

*The price is trading ABOVE both 50- MA as well as trend line is LOOK Bullish but need to trading above 21-MA as welfor confirmation for bull run //

* RSI is Trying to break the Down Trend line , if price could break it then it will take momentum from here..

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