BTCUSD 1H TF

We can see in the weekly timeframe the formation of a symmetrical triangle, as shown below.

Down into the daily timeframe, you will see a bullish channel that crosses the bearish resistance of the weekly trendline. We can also find daily support and demand zones.

Finally, in the 1H TF we find multiple confirmations:

• The symmetrical triangle resistance now functions as a support.
  
• The contact that makes the price with the support zone makes a dragonfly doji that indicates a strong change in trend.
  
• As goes up, the price breaks through and then bounces off the 1H support zone.
  
• Later, the support is tested again with another dragonfly doji that confirms the rejection of the demand zone.