Very clean price action- these lines draw themselves. Consolidation leads to big moves, as one side will be caught off-guard when the break occurs.
Noteworthy:
100EMA carry
Yellow price action range
Blue triangle consolidation pattern
Stochastics (momentum) still elevated
Noteworthy:
100EMA carry
Yellow price action range
Blue triangle consolidation pattern
Stochastics (momentum) still elevated
Comment:
Doji candles printing now. Breakout coming soon.
Comment:
More and more this is looking like the beginning of the big "uncoupling" from Big Brother Bitcoin.
Comment:
Not a forceful break of the upper channel, but seeing the 20EMA start to carry price is bullish.
