Analysis Overview:
In this analysis, we observe a potential reversal pattern for BTCUSD based on the 4-hour chart. The price is approaching a significant resistance zone, indicating a possible turning point.
Key Points:
Swing High & Lower High: BTCUSD has formed a recent swing high followed by a lower high, suggesting weakening bullish momentum.
Resistance...
With 2 following green candles on daily support + possible bullish triangle pattern.
In addition DOUBLE BOTTOM on the very same DAILY support (1 Fake Out in between).
This can be HUGE. I am STILL BULLISH and thinking out of the BOX.
