Wyckoff Accumulation Pattern unfolding in the bitcoin chart the as the related idea but i move the pettern so that it will fit the timeframe
potential breakout from a Symmetrical Triangle with a target of 3.4 Usdt with taking in consideration the resistances
i think there is an Wyckoff Accumulation Pattern unfolding in the bitcoin chart and maybe it can big the last accumulation for bitcoin before the next pump
as we see we break above the ema ribbon and we are staying above it and we expecting a macd bullish crossover " the last time we had one it pulled a +x10 move" and we bottomed in the stoch rsi and that means that we are oversold for me i expect for ankr/usdt to break the resistance and make an new all time high and pull a x10 move
using trend-based fib extension the next targets for ANKRBTC are : target 1: 271 target 2: 303 target 3: 395 target 4: 544 target 5: 692 target 6: 789 all this possible specially after the listing in coinbase pro and they're launching soon a cross chain staking platform
if it breaks the symmetrical triangle it will test the resistance and it look bearish