Ascending Triangle breakout for Bitcoin?

2020년 5월 17일

Inside of the ascending triangle on a micro scale Bitcoin is forming a cup & handle, there is merit potentially for a inverted H&S as well.

The RSI is displaying a inverse H&S, interesting because the moving averages are about to converge

Only time will tell, but a golden cross followed by an immediate death cross seems like a future occurrence.

2020년 5월 17일

노트

You can see the inverse H&S well on a smaller time frame, and additionally, the bullish flag becomes apparent.

I have placed three green arrows pointing sideways to the right that will either hold for a triple bottom or play out bearishly as a descending triangle once breaking below the bottom area of confluence.