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CrazedJEW

Good spot for a bullish reversal

Long
CrazedJEW  
BINANCEUS:BTCUSD   None
Trend Analysis Chart Patterns Technical Indicators Bullish Patterns descending Wedge Support and Resistance support Relative Strength Index (RSI) Bitcoin (Cryptocurrency)
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trendanalysis chartpattern indicator bullish descending wedgepattern supportandresistance support relativestrengthindex bitcoin
We're at a good spot for a bullish reversal on BTC. The next few days will be telling.

- Rejection at the bottom of the bear flag
- Primed to break back into the large descending wedge (white).
- Three weeks of growing momentum on the MACD
- MACD primed to break through 7-months' support-turned-resistance
- RSI primed to break through 8-Months' resistance
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