So, quick summary... Monthly chart, giant descending wedge, rising channel might be the escape. Fib levels make sense. Indicators show positive momentum. I'm bullish.
BTC MONTHLY CHART: Alrighty, so here is what I see... -Large falling wedge -Last 5 months and soon September, in a rising channel. -RSI is high, but not in the overbought area yet -MACD is flipping with recent crossover -TTM going back to positive with increasing stochastic, almost high -Lower than average relative volume, but greater than June and July -High...
Please be aware, I am new to TA and would love any insight as to where I may be wrong or could have a better perspective. Purple Wedge: Monthly chart's ascending wedge. Blue Channel: Monthly chart's ascending channel. Green Wedge: Daily chart's ascending wedge. Yellow Channel: daily chart's ascending channel. Red Wedge: Daily chart's ascending wedge. Bollinger...