Here is the same dynamic going on with Bitcoin;
➖ We have a bullish breakout followed by a retrace.
➖ We can call this a test of resistance as support as well as the classic Cup & Handle pattern.
➖ There is always a falling wedge within the cup & handle, a higher low, etc.
➖ Both the MACD and RSI are on the bullish zone.
👉 Seeing this pair going bullish supports my view that the recent bearish action was a small retrace, now the market is ready to resume growing.
October is set to be a good month for Cryptocurrency...
Namaste.