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#BTC/USDT ANALYSIS
BTC is moving in an ascending triangle and also the Ichimoku cloud is showing its bullish trend.
Bulls are trying hard to break out the resistance level of $28730 and making it weak in each attempt of a breakout.
A solid breakout of the ascending triangle would confirm the upward direction, while in the case of a breakdown of the ascending triangle and the Ichimoku cloud, we'll see a short-term correction in the market.
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#BTC/USDT ANALYSIS
BTC pumped with a very good volume after the successful retest of the big falling wedge on weekly TF. It also breaks out the inverse head and shoulder pattern with a solid candle close above it.
A reclamation of the past strong low of $29300 would be a sign of a bullish continuation, while in case of a retracement, BTC will pump hard after retesting the neckline of the inverse head and shoulder pattern.
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