Macro Downtrend Break – BTC held on the 7.8k support and pumped up after forming major bullish divergence on RSI to touch and break the macro downtrend that started at 20k.
Bull Pennant – BTC Held on the .382 fib and is now making a pennant (using the wicks) with bullish divergence on RSI , the target using the flagpole for this first run is the 10k area which coincides with historical resistance.
Comparison With Long Term Fractal – on the weekly chart we are technically still inside the downtrend, but if this bullish scenario plays out then tommorows new weekly candle should break up out of the downtrend , possibly breaking the fractal .