BITCOIN - BTC/USD

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- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	BTCUSD
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BITCOIN - BTC/USD - #Bitcoin $BTC Inside a symmetrical triangle #Blockchain #Ichimoku - 01/08/2018 (GMT)

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Chart + Trading signal

Signal : Buy signal
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Entry price recommended : 13 000
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Stop loss : 10 900
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Take profit : 25 250

Timeframe : Daily

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BITCOIN - BTC/USD Chart

The price of the king of the cryptocurrencies evolve since some days into a symmetrical triangle, a classic consolidation pattern in a bullish trend. The odds are for an exit by the top.

A test of the bottom of this triangle, strengthen by the proximity of a significant level of SSB at 12680$ could be an interesting buying level.

A stop loss below the last low at 11960$

And the target could be the price target for an Ichimoku N wave at 25250$

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