seems to be forming a symmetrical triangle. Being that the overall monthly trend is still bearish
, the odd favor BTC
breaking to the downside. However, with the RSI
showing bullish divergence
, there is a chance BTC
will break to the upside and head towards the resistance range of $4,100-$4,200. If not, you can expect BTC
to break downwards towards the $3,200 range. Good luck!