I've noticed an interesting fact on 4h chart: all trend indicators on chart are squeezed to a small box and they all seem to be in equilibrium and offer strong support to the price that is above and resistance formed with a flat bearish
cloud, which is forming an ascending triangle
pattern and is keeping BTC
under 15300$ (next resistance at 16500$ - local high). Support levels are at 13500$ (cloud) and 12600$ (fib).
We already had TK
cross, still waiting for EMAs to cross. Looks like to me that it should slowly decide to head one way, so looking for a break out of these levels to determine the trend.
is still kind of descending and we are bellow local high so HS pattern
hasn't been completely invalidated yet I think (if we break down it may still play out):