EthereumLong
ETH Bullish Pennant Breakout
The bullish pennant pattern is a formation that occurs after an uptrend. It is characterized by a pennant (a small symmetrical triangle) that forms as the market consolidates. The breakout from this consolidation typically occurs to the upside, signalling a continuation of the uptrend. The pattern is considered bullish because it reflects the underlying psychology of traders during an uptrend.
The final component of this pattern is the breakout from consolidation. This typically occurs to the upside, signalling a continuation of the uptrend.
Targets
$5075
$6215
$7215
$10200
The final component of this pattern is the breakout from consolidation. This typically occurs to the upside, signalling a continuation of the uptrend.
Targets
$5075
$6215
$7215
$10200
t.me/+lxnwA0i4qSZhN2Rh
Channel t.me/kingpinpublic
YouTube youtube.com/@YTKingsofCryptoTA
X @Whalekingpin_TA
Facebook facebook.com/whalekingpin
Channel t.me/kingpinpublic
YouTube youtube.com/@YTKingsofCryptoTA
X @Whalekingpin_TA
Facebook facebook.com/whalekingpin
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.
t.me/+lxnwA0i4qSZhN2Rh
Channel t.me/kingpinpublic
YouTube youtube.com/@YTKingsofCryptoTA
X @Whalekingpin_TA
Facebook facebook.com/whalekingpin
Channel t.me/kingpinpublic
YouTube youtube.com/@YTKingsofCryptoTA
X @Whalekingpin_TA
Facebook facebook.com/whalekingpin
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.