Bullish Pennant in 1h Chart
Target: U$20.500
Candle closing above U$19.500 will give us more security to entry.
U$19.050 can be tested before reach the target.
Candle closing below U$19.050 = stop loss
Candle closing above U$19.500 will give us more security to entry.
U$19.050 can be tested before reach the target.
Candle closing below U$19.050 = stop loss
Note
We see a false breakout in pennant.VERY strong resistance at U$19.470 - U$19.500.
Good support at U$18.300
BTC still BULLISH.
Trade closed: stop reached
BTC is forming one new pennant in 4h chart.The stop loss (-1.30%) was touched.
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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.