BTC is bouncing inside the small triangle (1 hr chart). It is starting to curl downwards as of this writing. If the pattern holds, it should hit the bottom support line and begin to move upwards. If not, i think it will retest the prior low around 6k.
On the other hand, the bigger time frame (daily) is also getting close to the apex of the bigger triangle. I also notice the MACD has crossed and formed a "W" which is a bullish sign. I think there are opportunities coming soon. Lets see how the price progress.
On the other hand, the bigger time frame (daily) is also getting close to the apex of the bigger triangle. I also notice the MACD has crossed and formed a "W" which is a bullish sign. I think there are opportunities coming soon. Lets see how the price progress.