Text in pic. Daily orderblock acting as resistance for uptrends. Pattern is already formed with 3 touches on the upper triangle and 2 touches of the triangle and is sufficient to break out. However, note that breakouts may fail at the first attempt and reverse in the other way. Look for HTF closes above or below the triangle. Preferable H4. Short setup at...
Pattern is forming on the daily. Gold drawing indicates potential price action but is still purely dependent on BTC. TP1 and 2 act as potential targets if it plays out. Not investment advice.
Adam and Eve Reversal Pattern spotted. Though price has not reversed above the Support line (gold), the ascending triangle gives confluence. 4HR Stoch RSI bottomed out and turning. RSI is healthy ~ 50-60 range. Will look towards BTC for pumps though. If monday opens a sea of red (likely), we should be ready to buy the dip at the bottom ascending line of the...