We are forming the same exact pattern from earlier for BTC on a smaller scale. Should see some upward price action
BTC Is creating a Ascending Triangle inside of a Pennant, very bullish pattern coming in clutch also a cross on the Stoch RSI is also again imminent, Also increasing buying volume. Looks like its gonna be a good run up for BTC we just have to get passed the $11,250 level then we will have a prominent run up. Good luck Traders
We have a Inverse Head and Shoulders that could play out in our Inverse Head and Shoulders that's been forming since January fingers crossed
We can see that we had a double bottom on one of my earlier charts and now we are forming a Bullish Triangle that usually forms after a double bottom that indicates price increase, plus our Stoch RSI is towards the bottom indicating possible upward momentum. We will most likely move to our next FIB level represented by the yellow line i drew to about $10,050
Here we are using the 1 hour chart and we can see that there is a double bottom forming. If we can follow the blue line up and break the yellow line we are still in this fight. We have a bottom 1, a run up and a bottom 2 is forming lets just see if it forms though
Plain and simple we can see that there might be an upward channel with BTC. Chart was made on 30 min
Here we can see a triple bottom that has occurred, we can see when this happened before we had a run up. We are still in this inverse head and shoulders as well so a run up can also mean we break it and go further up. Also the stoch RSI indicator had also crossed up on the 4 hour usually meaning extremely bullish trends afterwords