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since Aug 29, 2024
chartpattern
indicator
pennant
trendanalysis
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BTC is in an ascending triangle pattern on the 4h timeframe. While many are anticipating that BTC will break ATH again and go to 100k, I don't think that this is going to happen today or tomorrow. Looking into the RSI, I can see that there is a bear divergence that will push BTC back down again. Looking into the ADX it is at 14.69 which is really low to be able...
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BTC has formed a nice bullish penant on the 4h timeframe and is about to breakout from it soon. BTC will reach as high as 110k once it broke out from it.
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