Here are my two most likely scenarios for the next couple days. Don't be surprised if we see some volatility . There's anticipation of a move in the air. No reason to expect a substantial reversal here although anything is possible in crypto. Flights to new highs and plunges to the depth. What's not to love?
Comment
⋅
Diamond shaped consolidations are actually pretty common. If you think about it it's just a triangle with a diagonal assent. Triangles in my mind are the most common pattern after maybe channels if you consider channels a pattern.