Ascending triangle being formed on the 15min time frame.
Price has been consolidating between $10100 - $10500 over the past week.
With RSI now returning back to its neutral position & as the price continues to increase, I expect to see price hit the tested base at $10500.
If it breaks the resistance of $10500, the next target will be $10900 (highest point since September).
If ascending triangle, were to fail to show a bullish pattern, could see it testing $10000, based on 1H-4H time frame.
Price has been consolidating between $10100 - $10500 over the past week.
With RSI now returning back to its neutral position & as the price continues to increase, I expect to see price hit the tested base at $10500.
If it breaks the resistance of $10500, the next target will be $10900 (highest point since September).
If ascending triangle, were to fail to show a bullish pattern, could see it testing $10000, based on 1H-4H time frame.