Los Angeles 12:14AM. BTC Falling wedge is a bullish pattern that beings wide at the top and contracts as prices move lower. The falling wedge can also fit into the continuation category. As a continuation pattern, the falling wedge will still slope down, but the slope will be against the prevailing uptrend. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. Regardless of the type (reversal or continuation), falling wedges are regarded as bullish patterns.
Volume: After the large volume decline on JanFeb (red arrow), upside volume began to increase. Above-average volume continued on advancing days and when CMF broke trend line resistance. Money flows confirmed the strength by surpassing their selloff high.
BTC RSI is pretty much never in oversold. This is probably the best time to buy BTC.
Minute charts breaking resistances and above the kumo cloud showing bullish price action. Only a matter of time before 4H and 1D charts show price action above the kumo clouds.