Sharing some ideas for feedback.
Potentially larger descending triangle, 1 hour MACD is also highlighting possible further downside. Would be looking significantly more bearish in the short term if levels don't hold in the coming hours.. in my humble, uneducated opinion
Just throwing out some observations. Appreciate any feedback and anything else I could use to further assist in analysing future moves
Looks like a possible ascending triangle, if it breaks to the upside it could rally towards the Ethereum/USD ATH. Obviously this highly depends on bitcoins movements.
Just my humble, uneducated opinion
Just putting out some ideas, would appreciate some feedback.
I've noted some resistance at 36.5k and previous failed attempt to surpass this level. RSI is also high at these levels hence the thought we could still get another shake out and retest of 30k before we aim higher.