Blue channel- longterm channel - bullish if break over top line.
Yellow line - BTC is touching this midterm channel right now. If break = bullish (short term bullish until resistance).
Green ascending triangle - BTC broke out of this bullish formation few hours back, and is forming >>
>> Red rising wedge - bearish formation, may indicating pullback.
Dark blue horizontal lines - Long term (since y.2018) resistance (11650-11750 USD) - megabullish if close above.
Yellow line - BTC is touching this midterm channel right now. If break = bullish (short term bullish until resistance).
Green ascending triangle - BTC broke out of this bullish formation few hours back, and is forming >>
>> Red rising wedge - bearish formation, may indicating pullback.
Dark blue horizontal lines - Long term (since y.2018) resistance (11650-11750 USD) - megabullish if close above.
Possible Bulls/Bears scenarios.