Very short-term price prediction for BTC

BTC has been ranging since two days. I'm looking at its chart on 1H timeframe and realize that a diamond bottom pattern has formed. Price is on the left lower-edge of the diamond and RSI touches its trendline. I think in few hours this ranging would end and we'll know better about the trend on higher timeframe. Statistically, breakout is favored.
Still I think BTC could reverse to go to see 48K again on the next days.

تعليق:

Some minutes after this post, BTC has broken up. Seem that reversal (to 48K in mid-term) is likely. BTC to close above 41500 with a 4H candle would be a good sign.

أغلقت الصفقة: تم الوصول للهدف:

Target 41600 reached.
BTC is now at the beginning of a reversal. It's trying to get over the EMA 230D (at 41500).
Next step: keep eyes on 42600, a strong pull down may happen.