Bitcoin - Re-Accumulation Phase, Prepping For The Next Stage Up

Horizontal Triangle in an uptrend.

Day Stoch RSI: Oversold Conditions
Day MACD: Convergence with Price Action
Day Price Action: Trading above the 50 Day EMA
Market Structure: Intact

UPT:
1. $71,314 @ the 50% Fib
2. $74,587 @ the 61.8% Fib towards the Ascending Resistance Trend Line

DPT:
1. $56,532 @ the 38.2% Fib
2. $53,299 @ the 50% Fib
3. $50,066 to $49,189 @ the Golden Pocket

Price action is KING!

More power to all your trades, my friends!

Ron
Intrepid_Trader

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15m chart Bull Flag

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Retest of support:

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H&S and 50EMA Support

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