BTC1! cme in a ascending triangle

5 Eki 2020

CME failed to close the gap that opened this week, instead price heading in the opposite direction. As it happened before price will reverse and fall to close the gap. If price maintains within the ascending triangle then price action is bullish and upward trend will resume.

6 Eki 2020

Not

price decided to reverse quickly and close the gap, which in my opinion is better for the bullish case, if price bounces and does not continue to fall