Bitcoin About To Make Another Attempt To Break Inverse Head & Shoulder | BTC Price Prediction 2022

Big channel:
ON weekly time frame, BTC is likely to form big up channel and if the price starts a reversal from here then this channel will be confirmed. There is also 100 SMA support below the support of the channel.
There is also hidden bullish divergence as RSI is forming lower low and priceline forming a higher low.

Smaller down channel:
On a daily time frame priceline is bounced by the support of channel and there is a presure of death cross between 50 and 200 SMAs .

Inverse head and should:
On a 4-hr priceline is moving up to break inverse Head and Shoulder, if this pattern will be broken out then the channel can also be broken out.

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