Triangle pattern found on bitcoin

Triangle pattern found on Bitcoin

Bitcoin / Tether KUCOIN:BTCUSDT

erikvod03

Triangle:
Bitcoin seems to be forming a triangle pattern which dictates it can go either direction up or down

Macd:
shows a regression toward the bullish side which could indicate a rebound in short term price breaking the triangle

RSI:
Currently trading below the midpoint which is showing mild oversold levels

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