The Bitcoin price action is getting bounced from pivot 1st support and 100 SMA after completion of Head & Shoulder:
The price action is getting bounced from 100 SMA and MACD, stochastic and RSI indicators are turned bullish:
The priceline is moving up after hitting the 10K price level resistance and 100 SMA at a same time moving towards $11K and 12K resistance but the price action has 50 SMA resistance between $11K to $12K:
Price action may not retest the support of previous resistance of triangle as it has already re-tested it:
But more bullish move depends on in indicators, oscillators and moving averages on the daily chart if they will be continuously turned more bullish.
The price action is getting bounced from 100 SMA and MACD, stochastic and RSI indicators are turned bullish:
The priceline is moving up after hitting the 10K price level resistance and 100 SMA at a same time moving towards $11K and 12K resistance but the price action has 50 SMA resistance between $11K to $12K:
Price action may not retest the support of previous resistance of triangle as it has already re-tested it:
But more bullish move depends on in indicators, oscillators and moving averages on the daily chart if they will be continuously turned more bullish.
