BTC 1/h - Possible Bullish Retest of Symmetrical Triangle

30 Okt 2020

I have redrew the upper trend line so that it fits this consolidation pattern better. Bitcoin looks to have broken out of the symmetrical triangle, also formed a bullish inverted hammer after it came back down to retest the upper trend line. My analysis states that it might go sideways a little before another leg up. (needs volume to come in to confirm the bullish retest)