This bullish pattern is very popular as it is easy to spot and works very often. Usually we see it at alts charts, but this time the King himself showed it. So if it work out, we may expect BTC to bounce from ~9800. If it fails, it will fall lower to 9600-9300. If grand triangle will broke down, we will see much lower values.
Note
Note how BTC dominance is reversing. If it will breakout, alts will fall very fast.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.