What could led to a reversal is now forming a bearish flag. The current bullish movement in BTC is et with resistance from the descending triangle. A break above could be very bullish.
The target for the breakdown - $6600
However, the pattern seems to be facing resistance. The RSI has also moved higher pruning for further break-down!
The target for the breakdown - $6600
However, the pattern seems to be facing resistance. The RSI has also moved higher pruning for further break-down!
Comment:
Okay! So it has broken above it. And now one complete candle above the break-out should do the trick!