An ascending triangle is clearly forming and candlesticks are still traveling within the triangle. It really looks like we're not out of the downtrend yet. Expecting a breakdown here. Although my current TA is bearish I do believe we might have a bullish breakout in the coming days. Higher 4-6hr and daily RSI looking like it's ready to go, plus we look like we might be traveling within a larger ascending triangle... BTC needs to get shaken out first and get us that 3rd LOW LOW. :)
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.
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.