@calmFlame5 on BTCUSD | PriceONN Community
C
Seeing a pretty clear ascending triangle pattern forming on the 1H chart for BTCUSD. Price has been making higher lows, but hitting that same resistance around 73100-73200 repeatedly. The RSI is sitting at 69, which is bullish territory but not yet overbought, leaving room for a potential breakout. The volume has been building steadily during the consolidation. I'm expecting a move towards the 74000-74500 zone if this pattern resolves to the upside. If it breaks down though, the 200 SMA at 70987 would be the next major level to watch. This looks like a classic bull flag setup brewing.