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BTCUSD: Accumulation Cylinder with Widening Mouth

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BTCUSD is accumulating with accumulation cylinder with widening mouth.

There are two scenarios I have in mind as you see.
In long term, I recommend long.
Note
peterlbrandt.com/wp-content/uploads/2012/04/3.27_Livermore.jpg
Note
Because daily RSI is very high, I think scenario #1 is likely to happen.
Note
snapshot
Other possible scenario.
derektwlee
Also on:
BTCUSDChart PatternsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BTCUSDChart PatternsTrend Analysis
derektwlee
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.