Price must touch one trendline at least three times and the other trendline at least twice, forming distinct valleys and peaks. Breakout target is upward 60% of the time and 74% of the way to the triangle apex (for both breakout directions). Target price: $60K
RSI on the daily starting to turn positive, 54K has major institutional support. Although rising wedges are more bearish than bullish, looking for a turn around in the next 2-3 days.
Symmetrical triangles breakout 60% of the time upwards and 3 out of 4 times make it to the triangle apex (for both breakout directions). With bullish sentiment in the market, $75K range could be mid-May target.
Let's just hit $55K so we can moon. Think we need to be patient this week though.
In 15 minute timeframe, we are seeing a descending channel. Looking for a decisive move to the upside past $59.5K to break wall.
BTC needs retest of support levels before breaking out towards ATH.