12/10/2020
Updated
Thought I would post a quick idea for BTC.
After those previous pumps, I have swung bullish for the short term and am seeing another pennant form on the 15 min chart+. I measured it with 2 probabilities if we break up, both are the green dotted lines.
After those previous pumps, I have swung bullish for the short term and am seeing another pennant form on the 15 min chart+. I measured it with 2 probabilities if we break up, both are the green dotted lines.
Note
**Update**BTC broke out from the pennant , passed the first target (first dotted yellow line), and hopefully is going to reach the second.
I am somewhat sceptical about this though so would be ready for a short retrace, maybe a retest or something like this... *Still a very small timeframe *
(Just a possible scenario)
Note
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.