btc sitting on critical support
BTC is sitting on critical support in a rising channel
there are 3 scenarios i think could happen
A is a rise to 38k before falling which will complete the pennant
b a breakdown from support which will complete the cup and handle
c is a breakout from the triangle at 38k
scenario c and a looks more plausible because price is sitting on the lower bb on 15m and 1 hour they are also oversold on the stoch rsi meanwhile the daily stochrsi is curving to overbought area and i can see the 4hrs stochrsi curving to the upside in 4hrs ...... please let me know what you think
there are 3 scenarios i think could happen
A is a rise to 38k before falling which will complete the pennant
b a breakdown from support which will complete the cup and handle
c is a breakout from the triangle at 38k
scenario c and a looks more plausible because price is sitting on the lower bb on 15m and 1 hour they are also oversold on the stoch rsi meanwhile the daily stochrsi is curving to overbought area and i can see the 4hrs stochrsi curving to the upside in 4hrs ...... please let me know what you think
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