BTC and the pennant pattern, continue to increase in price
Updated
Hello dear traders! BTC today continues to rise as predicted.
BTC is currently forming a pennant pattern with consolidation range on the 1H timeframe, currently trading around $28,506. The next resistance level is at $28,800.
Breaking out of this pattern will propel this currency pair towards the resistance level. A clear move above this resistance zone could provide even stronger momentum, with an expected increase to $29,196.
BTC is currently forming a pennant pattern with consolidation range on the 1H timeframe, currently trading around $28,506. The next resistance level is at $28,800.
Breaking out of this pattern will propel this currency pair towards the resistance level. A clear move above this resistance zone could provide even stronger momentum, with an expected increase to $29,196.
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Trade closed: target reached
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