BTCUSD: possible breakout may be closer than ever!
Hi dear traders! I know that plenty of you are looking at the chart waiting to see if that boring triangle would finally broke to the up or down! :)
Now let's have a look at the RSI pattern too in the upcoming few hours. Previous patterns in 1H chart shows that we may be in a very similar situation in which RSI triangle may be broken to the up from the same very close values. This may initiate another bullish rally by breaking the price triangle pattern at the same time!
Let's wait and see what will happen!
Good luck!
Now let's have a look at the RSI pattern too in the upcoming few hours. Previous patterns in 1H chart shows that we may be in a very similar situation in which RSI triangle may be broken to the up from the same very close values. This may initiate another bullish rally by breaking the price triangle pattern at the same time!
Let's wait and see what will happen!
Good luck!
Related publications
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.