Looks like a Bullish pennant is forming on the 4 hour chart. Support at $10,300 looks like, so I will be watching for the 2nd Retest of the Channel Support. If Pennant Confirmed, could possibly see a 
4K+ move.
Scenario 2 is that instead of support, BTC continues down the channel to test either 1) Fibonacci Level or 2) the bottom of the channel is reached for a lower low
Exciting times ahead!
4K+ move.Scenario 2 is that instead of support, BTC continues down the channel to test either 1) Fibonacci Level or 2) the bottom of the channel is reached for a lower low
Exciting times ahead!
Note
Lower Low formed so pennant pattern invalidatedlooking for retracement to .618 fib for next move
Order cancelled
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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.