Inner ascending triangle is broke. Are we going to see a retest?
Bitcoin could be forming an ascending triangle. If that's case, the price projection would be at 44k.
Many coins have been pumped hard but this one hasn't. ALGO just came out from a downtrend and the MA cloud starts turning positive. Since it's breaking out from a downtrend, many reversal patterns may appear. There is a potential inverse H&S. Though it looks more like a rising wedge to me, which is a continuation pattern in a downtrend. However If it instead...
This is what i think will happen after BNB breaks ATH. Next two targets done by Fib extension are: $60, $93 :smile: My guess is as good as yours. DYOR. BINANCE:BNBUSDT
Retest of the significant level is done. rounding bottom pattern is complete. 1:1 price projection. Price target: $60
BTC's momentum is decreasing but it still looks bullish to me. Compare the green box on the left with the one on the right. Each area is constrained by a spinning top candle with a large range. For the area on the left, BTC's price never went below the low of the spinning top candle. For the area on the right, the situation is similar except it's slightly...
History may just repeat itself. BTC => sideways Alts => bullish
BINANCE:BTCUSDT A healthy uptrend seldom moves along the bottom half of the channel.