ROUND BOTTOM AS A REVERSAL PATTERN AND THEREFORE CHANCES OF BREAKING UPWARDS ARE PRETTY HIGH.
PRICE ACTION TELLS THAT SELLERS ARE DOMINATING IN FIRST HALF OF THE "ROUNDED BOTTOM" BUT BUYERS ARE STRONGER IN THE SECOND HALF.
Simetric triangle forming.
IF it breaks upwards we will have a significant growth.
IF it breaks downwards then it will bounce at the resistance line at the bottom (upper line of another triangle of higher degree).
ABCDE done in a triangle.
Upper line of a triangle broken.
Price seems to be in a pull back.
Price expected to drop till the upper line of the triangle.
Price will most probably bounce once it touches the upper line of the triangle.
Simetric triangle with price close to APEX
Price in a bottom line of another simetric triangle of higher degree.
MACD and RSI also in a simetric triangle.
Price to break out within the next 24 hours.
E wave of triangle done.