After 6 days of consolidation from all time highs, we are getting the first signs that the bulls are ready to confirm they have established the higher low on the daily chart. We must see a break of $42 to confirm this, but we are seeing our first signs on the hourly with a higher low set and some bullish action following it. If we get a break of $42 we will look for a lower high on the daily compared to the all time high, and an equilibrium pattern to develop. I will be back to highlight this if we get the break!
What do yo mean with equilibrium pattern? Like consolidation? Good job !