It seems another pennant is formatting. Still on the same pattern BTC is acting last months. If that is the case we will not see BTC lower than 40~41k before it continue it's rally in the short term.
Weekly MACD and Awesome oscillator are still bullish all we have to wait is daily to become bullish on the complete of the pattern.
Weekly MACD and Awesome oscillator are still bullish all we have to wait is daily to become bullish on the complete of the pattern.
Note
It seems I was wrong and up move came earlier this time.. BTC looks very bullish atm. Let's see..Note
This time it seems that we skipped a third bottom. Quite a fast recovery, I hope it won't hurt the run to a new ATH
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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.