BTC in a bullish pennant: WILL BREAKOUT THE NEXT 4-8 HOURS
Bullish pennants have high volume during the "pole candlesticks" and decreasing volume during the flag. BTC is showing just this!
To determine the price target, take the pole hight (approx 40%) and place it at the breakout which would lead to a target of approx 13200.
Cheers
To determine the price target, take the pole hight (approx 40%) and place it at the breakout which would lead to a target of approx 13200.
Cheers
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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.
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.