BTC/USD Coinbase (Potential diamond forming on 3HR)

I believe I see a diamond forming on BTC on the 3HR and could break up or down roughly 1000$ according the the measurement of the previous leg.
Lets see what happens.

Commento:

I have updated my diamond, because of that little rebound. Now that's confirmed (For me), its just a matter of how long this triangle will extend simply because not every diamond is clean cut. Meaning there is a trying hours away from popping a cap in someone's wallet. Lets see whether the bulls or bears get excited here.

Commento:

Looks like BTC is ramping up again, lets see if we can close some candles outside of this diamond structure and push up.

Commento:

Interesting candle...

Commento:

I just have noticed an ascending triangle/wedge structure these past hours. (seems like its breaking up)

Commento:

I would... possibly expect a re-test of the triangle... but worse case scenario find TA signals that would convince you that this is a false breakout just in case.
Just keep in mind if this is coming out of a valid Diamond? theory and rule wise... we still should go up.. this also suggest bullish patterns as we go up, accumulations and what not.