Bullish pennant or falling wedge.
Broken structure of descending trend line.
We need to see confirmation, such as bull candle to enter the trade.
PS: Don't need to put much shit on the charts. Perfect is Simple :)
Bitcoin began to move in ascending channel since early 2107.
Now top of this channel was broken and already retesting. Resistance become support.
As we can see on a daily chart correction remains between 61.8 - 38.2 most of the time
Now there are two clear possibilities. If upside line will keep the price one of the opportunities is 161.8 Fibs, with...