List of Flash News about RSI ascending triangle
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2026-01-06 12:00 |
Bitcoin (BTC) 3-Day RSI Ascending Triangle and Double Bottom Setup: Key Breakout Signals Traders Are Watching
According to @TATrader_Alan, BTC’s 3-day RSI is forming an ascending triangle at the base of the major BTC pullback and BTC price structure shows a double-bottom base, both highlighted in his chart update; source: @TATrader_Alan on X, Jan 6, 2026. In classical technical analysis, ascending triangles often precede momentum breakouts and double bottoms are recognized as potential bullish reversal patterns; sources: Thomas Bulkowski, Encyclopedia of Chart Patterns; Edwards and Magee, Technical Analysis of Stock Trends. Traders can operationalize this by watching for an RSI breakout above triangle resistance and a price close above the double-bottom neckline for confirmation, noting the post did not provide specific levels; sources: Thomas Bulkowski, Encyclopedia of Chart Patterns; Edwards and Magee, Technical Analysis of Stock Trends; @TATrader_Alan on X, Jan 6, 2026. |