#BTC Mid-term is still bullish

January 7, 2019

Medium is still bullish, indicators look positive. On a month scale, the formation of a green candle is visible, which can continue to increase and touch the upper edge of the downward channel. On the scale of the day, it is worth noting that we are approaching the area of ​​resistance above which there is a range with less resistance, which allows for faster growth. At 12 o’clock, there is an opportunity to work out a symmetric triangle pattern, which is a bullish sign in the current situation, but you shouldn’t exclude the possibility of continuing to move sideways for a while, as the resistance is rather strong.

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