Weekly term
Bitcoin is showing some bullish signs at the moment. Most notable of these signs is the trend on the RSI. For the moment, however, I think a huge move out of the falling wedge is not yet likely to happen any time soon.
- Double bottom with higher low (Similar to the typical lower high you could for example find around bitcoin's ATH, but inverted)
- Bullish RSI
Bitcoin is showing some bullish signs at the moment. Most notable of these signs is the trend on the RSI. For the moment, however, I think a huge move out of the falling wedge is not yet likely to happen any time soon.
- Double bottom with higher low (Similar to the typical lower high you could for example find around bitcoin's ATH, but inverted)
- Bullish RSI