It appears as though Bitcoin is trading in a rising wedge or an Ascending Channel with multiple noticeable support and resistance touch points at the top and bottom of the pattern.
On a smaller time frame, there's potentially an Inverted H&S forming, the green human head and body icon is the head of the pattern.
On the DMI there has been a bullish cross.
It would be ideal if Bitcoin can hold the top area of the pattern and flip this resistance into support.
On a smaller time frame, there's potentially an Inverted H&S forming, the green human head and body icon is the head of the pattern.
On the DMI there has been a bullish cross.
It would be ideal if Bitcoin can hold the top area of the pattern and flip this resistance into support.
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