bumpydominator44

bumpydominator44

An Ascending Triangle Pattern on the hourly is forming after bullish breakout of descending channel. This should lead to more bullish price action.

bumpydominator44

The Broadening Wedge on the 4H chart has been broken and retested, the RSI is also trending down. Bearish PA should follow. Be aware that if the RSI breaks the trendline upwards the price could reenter the channel, however downside should still be expected eventually.

bumpydominator44

The descending channel on the hourly has been broken and retested. This should be followed by bullish price action.

bumpydominator44

The bollinger band for BTC monthly seems to dip down hard every 20 something candles on the monthly, coinciding with a dip in the price. If this pattern continues, we should see a small dip on the monthly chart. The bollinger band is already pointing downwards and Is approaching the area where this dip will occur.