BTC testing 52k Bullish Pennant Almost Completed!
BTC rose again to test the 52k resistance once more and for those waiting for a greater long confirmation can watch if BTC can engulf and close above the daily high of 52219.95.
This would confirm the first retracement of the 51k support line and signify a much stronger buy signal (for those that still need one).
This would confirm the first retracement of the 51k support line and signify a much stronger buy signal (for those that still need one).
Note
Please make sure to check previous post linked for context!
Note
The 4 hour candle would provide a much better closing target. Sorry about using the 1 hour chart! 2 Hours left until 4 hour candle closes. Note
Confirmed!
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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.