Looks like a continuation pattern is forming for btc. Since the initial move up came in an ABC form with RSI not even going above 70 we can assume we have not changed trend and the triangle will most likely break to the downside. The volume is also slowly decreasing indicating we are clearly consolidating. The rising channel has successfully broken and bounced on previous support/resistance. Im expecting one more move up before we break down around 15%
A break of the upper resistance wouldn't mean too much since that will most likely only go up to make a bear flag .
A break of the upper resistance wouldn't mean too much since that will most likely only go up to make a bear flag .