In this post im going to explain you why I think bullrally is going to happen soon.
As you can see the drawings in my chart it's showing you the major support zone of BTC (5765.5$) and the Triangle-Resistance zone (beginning at 19.9961$ going slowly in a \ form) that we could not break until yet.
The big triangle pattern has inside 3 little breakdown patterns (Marked as 1#,2#,3#) following all the way down where we are now. The pullback have happened everytime we've been hitting near the Major-Supportzone but always inside the BIG triangle.
Now it seems that we get slowly to an end of this formation, because we are dropping slowly down to the . I think at the ATH (20.000$) begin we have been very oversold on BTC . We had the last months a healthy correction and now we will see hopefully a breakout/stabilisiation soon. And this time we will see a breakout ouside the triangle for the frist time since 20.000$ ATH . (pullbacks marked as 1#,2#,3#)
Tell me what you think.