This possible pattern could play out. twitter.com
Huge capitulation volume followed by bullish reversal
This could be a double bottom on ETHBTC
Looks like it could push through on this upcoming Kumo Twist and then we either head back down at resistance or break through the 6 month bearish trend line
I think this Inverse Head and Shoulders could play out over the next few days
Hopefully this Adam and Eve double bottom complete! Measured move brings us back to ATH at $1200
Looks like a long to me!
I think we will see a steady climb for the next day or two into the 7k range before another big drop
Every time Bitcoin's daily RSI goes below 30, it is follow up a nice bull run. Recovery soon!
It looks like a potential inverse H&S is forming to complete the triangle