We can clearly see a C&H pattern for theta with the following characteristics: -13-14 week cup -Handle +1 week (16 days so far) -U-shaped Target according to this pattern: around $0.9-$1.0
As we can see a symmetrical triangle formed on the weekly BTC-USD pair, which broke out upward and is currently retesting the triangle boundary. To calculate the target, I took the flag pole and extended it near the apex. This gives a target of +- $26.000 Lets see how this plays out....
Ascending triangle? Bearish diversion with RSI Bearish histogram MACD, also bearish div with MACD and signal line
-Inverse H&S maturing -pos div RSI-Daily candles -MA14 acting as support