The trend is down, and it remains so until bullish structure (higher highs & higher lows) is made. There are two iH&S patterns marked on the chart. First one that took place was last year from August till September, which failed when the right shoulder was violated and bullish structure struggled to form. Second iH&S failure is taking place right now, with the...
weekyl rsi broke down from level 50, this week seems to be up + could be a trendline break
rsi support held, trendline broken price pattern breaking out of a range
rsi has broken another downward trending line. inverse h&s bitcoin mcap cannot drop below 100bil, which is roughly 5800
possible bounce ahead, using the RSI backtest line which had a breakout about a month ago RSi resistance still to be broken for higher highs
this price triangle looks so beautiful, also rsi trying to break reistance, if price close above 6011, it can soar
look back and see what happens when rsi crosses the line marked with green
bat back again at rsi 50 level which also corresponds as a support
rsi ascending triangle, trying to break resistance, support zones marked down