We have a falling wedge and RSI is forming inverse H&S pattern on the daily chart.
This is high risk, if you enter a long so keep it small and stop below 6000 level or strong support at 5700 level
Targets are around 6700 and 7000
BTC is forming a H&S pattern on the 1D Chart.
If the price breaks down below 6100 level we will have a completed H&S pattern and that would take to price to the 5700 level.
Weekly chart: If the end of this week close above $6700 the 3 soldiers pattern will be formed.
The price has just retested the support line then dropped a bit at the new demand $6800
If the price does not cross below this level 6800/6700 and see more volume I think it is possible to target above 7500.
