With all this crazy volatility the last few days with Bitcoin and no clear direction. It looks like we may be forming an Ascending Triangle on the 1 hour chart.
On the 4 Hour chart it looks like the MACD & RSI are in position for a golden cross which might aim this triangle with more bias for a bullish breakout but at this point we'll have to wait and see.
Thats why we love bitcoin!!
On the 4 Hour chart it looks like the MACD & RSI are in position for a golden cross which might aim this triangle with more bias for a bullish breakout but at this point we'll have to wait and see.
Thats why we love bitcoin!!