1. pattern is an Ascending Triangle - Bullish Pattern 2. Price coming back to $2.12 would make a Double Bottom Pattern - Bullish Reversal Pattern 3. Flat Volume and Flat Price allow for accumulation to occur - Very bullish if it breaks out 4. Flat MACD - Good for bullish continuation 5. Flat Price Movement allowed rsi to return to mean - Good for bullish continuation
Price Action/MACD/RSI are relatively bullish. Double Bottom within ascending Triangle Both Bullish.
Requirments To Trade - Bitcoin Must Close above 60K on a daily TF. - Entry: $2.12 area (double bottom confirmation) -( Entry 2)Breakout of 2.33 area
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