Recently, we broke down out of an ascending line. Just like the previous scenarios, If we continue falling down from this level and reach the previous low. it'll create an "M" pattern with a breakdown target at 14k.
14k the next target? Or are we goin to see a relief rally?
BTC brokedown out of a rising broadening wedge and had a rejection on a retest. if we fail to go above the resistance of the wedge I beleive we will be going lower
ascending broadening wedge on 4h chart. BTC been reacting to this wedge pretty well. it's a bearish pattern but we have good bullish momentum, wouldn't be surprised if we bounce from the lower support of the wedge and broke out of it.
Bitcoin is pumping like crazy. Need to retest previous level for sustainable growth.
BTC got rejected and probably needs to retest the previous lows before going up. every time we have had gotten a rejection off this trendline it's been nasty
breakout from this huge triangle would be very bullish. This token is known for it's explosive moves. It did 150% in a day few months back. Good project = good chart = Good profits
did we just confirm the R/S flip? Btc may be looking to go higher. Bullish RSI divergence on the hourly chart.