This chart shows classic bullish continuation through ascending channels and consolidation breakouts:
A solid double-bottom structure was formed in early April
Marked the start of the uptrend
First consolidation box (~$90K–$93K)
Horizontal accumulation (highlighted gray box)
Resulted in a clean breakout and continuation
Rising channel (~$94K–$99K)
Rising Mid-trend consolidation wedge/channel
Price respected both trendlines
Eventually broke out to the upside → Strong momentum candle followed
Current Status (~$103K)
Price has broken above the rising channel
Now forming a new mini flag or consolidation at the top
Momentum is still in favor of the bulls
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DYOR. NFA
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