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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Ascending Triangle on Bitcoin/USD

BY: @lucyng | CREATED: March 6, 2018, 10:52 a.m. | VOTES: 1 | PAYOUT: $0.00 | [ VOTE ]

BTC is forming double tops at $11,714. Its currently in the shape of a "ascending triangle".

An ascending triangle is a bullish chart pattern used in technical analysis consisting of a horizontal trend line at a level that it has historically prevented the price from heading higher .

If BTC breaks the $11,714 mark, potentially we will see it breaking out to 12200
But before it breaks out, it might correct slightly.

[IMAGE: https://steemitimages.com/DQmUnRehLFbt4PS4AF9THLj9WsEdjhnxdS2piQ1sKTq9z8q/image.png]

[IMAGE: https://steemitimages.com/DQmYk2wtdbVEPwVC3zMegqnyqf85siRBtkkFzYetpdgctZe/image.png]

TAGS: [ #btc ] [ #cryptocurrency ] [ #blockchain ] [ #money ]

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