- Big ascending triangle has been forming for days
- Smaller double bottom pattern can be spotted inside the triangle
- The small double bottom pattern could trigger the ascending triangle if it unfolds.
- Target of the ascending triangle coincides with the previous high @ ~0,175$
- Ichimoku cloud shows that we are currently facing a strong resistance level, however we have hit it thrice in a short amount of time, which is a good sign.
- RSI not looking all that strong but can be enough for a breakout
I expect to see something unfolding in the next 24 hours.
- Smaller double bottom pattern can be spotted inside the triangle
- The small double bottom pattern could trigger the ascending triangle if it unfolds.
- Target of the ascending triangle coincides with the previous high @ ~0,175$
- Ichimoku cloud shows that we are currently facing a strong resistance level, however we have hit it thrice in a short amount of time, which is a good sign.
- RSI not looking all that strong but can be enough for a breakout
I expect to see something unfolding in the next 24 hours.