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BTC Just Might Go Up!

Hard to believe maybe, I know, but check out the daily on Coinbase.
As you can see it is forming an ascending triangle with volume shrinking. The other notable aspect of the volume is that on the upswings (green) there is more volume which is a bullish sign. As you can also see here, the RSI has remains in the oversold condition ever since the drop March 12th. Further supporting a move up.

If this plays out we could see a jump back towards the high of yesterday over the next 48 hrs. If it breaks out of the triangle on strong volume it would point to a large move of more than 30%. You might be able to get a buy in a little lower from current price.

It seems doubtful due to the current state of things but you never know. This could also be a continuation pattern downward so you must be vigilant if you want to attempt to trade this.

Let me know if you agree or not. Thanks
Bitcoin (Cryptocurrency)BTCUSDChart PatternsCryptocurrencyTechnical IndicatorsTrend Analysis

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