BTC/USD
Bitcoin pierced through the resistance like it was never there all along. This breakout is followed by two bullish buying volume confirming bulls present is strong.
The RSI hits 76 levels, a potential cool-down for the price is likely possible within 24 hours. It is also healthy to retest the previous resistance to turn into new support for Bitcoin.
This is a beautiful combination pattern of Inverse Head & Shoulder plus a bullish descending channel of the right shoulder.
Bitcoin pierced through the resistance like it was never there all along. This breakout is followed by two bullish buying volume confirming bulls present is strong.
The RSI hits 76 levels, a potential cool-down for the price is likely possible within 24 hours. It is also healthy to retest the previous resistance to turn into new support for Bitcoin.
This is a beautiful combination pattern of Inverse Head & Shoulder plus a bullish descending channel of the right shoulder.
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