BTCUSD Going Long or 11120 retest before going long?

11 oct. 2020

Bitcoin price is has shaped a bullish-looking triangle and seems to repeat the spike up like the previous two flag patterns.

I'm expecting BTCUSD to drop to 11,120 before continuing the uptrend, but we have to wait for the triangle to be broken which will show us the direction.

Past ideas:

11 oct. 2020

Note

Also, this is called a bullish divergence.
It is a bullish sign. Though the last peak to 11400 was rejected.

Let us watch.