BTC is presently consolidating in an ascending triangle formation. Daily confluence detector shows healthy support down at $10,600. BTC/USD is trending in an ascending triangle formation as price consolidates below $11,000. The price has been trending horizontally for the last three days, as evidenced by the 20-day Bollinger band’s constriction, which indicates lower volatility. Currently, BTC is hugging along the $10,960 resistance line. BTC/USD daily chart If the price breaks above that, they will want to go up to the $11,350 resistance line. The RSI is trending along the neutral zone so it is still anybody’s ball game. BTC daily confluence detector The daily confluence detector makes for pretty much the same reading. Currently, the price is stifled under the $10,960 resistance line, which has the one-week Fibonacci 23.6% retracement level. Up next, we have another strong resistance at $11,300, which has the one-day SMA 50, daily Pivot Point one resistance-three, weekly Pivot Point one resistance-one and the one-month Fibonacci 61.8% retracement level. On the downside, we have a support level at $10,600, which has the Previous Month low and daily Pivot Point one support-three. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next VeChain joins China Animal Health And Food Safety Alliance FX Street 2 years BTC is presently consolidating in an ascending triangle formation. Daily confluence detector shows healthy support down at $10,600. BTC/USD is trending in an ascending triangle formation as price consolidates below $11,000. The price has been trending horizontally for the last three days, as evidenced by the 20-day Bollinger band's constriction, which indicates lower volatility. Currently, BTC is hugging along the $10,960 resistance line. BTC/USD daily chart If the price breaks above that, they will want to go up to the $11,350 resistance line. The RSI is trending along the neutral zone so it is still anybody’s ball game. BTC daily… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.