Here are my two most likely scenarios for the next couple days. Don't be surprised if we see some volatility . There's anticipation of a move in the air. No reason to expect a substantial reversal here although anything is possible in crypto.
Flights to new highs and plunges to the depth. What's not to love?
Flights to new highs and plunges to the depth. What's not to love?
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Diamond shaped consolidations are actually pretty common. If you think about it it's just a triangle with a diagonal assent. Triangles in my mind are the most common pattern after maybe channels if you consider channels a pattern.