BITCOIN (BTCUSD, XBTUSD) has just broke out the resistance of March 20. It is stronger than expectation, since it broke up without much retrace. Now in 4H, Bull looks pretty powerful
Price is very close to the end of the structure.
Green (Bull Context) is taking most of the ribbons of "9 Seasons Rainbow Multiple Time Frames Pattern Indicator".
For the past two weeks, Bull was moving up, slowly but steady, step by step.
RSI > 70
Poll 1 Is it more like a Cup Handle or an Ascending Triangle? What is your opinion? Leave your comments.
Poll 2: Do you think a big breakout or a fading to downside will happen for the coming two weeks? Leave you comments.
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DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
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