Three reversal patterns spotted in Bitcoin (BTC/USD)
Check out near resistance line of the down trend channel.
There are 3 potential reversal patterns:
1)Inverted head and shoulders
2)Cup and handle
3)Falling wedge
Volume profile is a very useful tool to see key levels
But first we need break out resistance line of the down trend channel.
RSI and Stochacstic looking overbought, which at this point can be a confirmation of the upcoming bull cycle.
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Thanks for Reading!