TheWolfOfST

TheWolfOfST

I expect this to break upwards past the 10.8k resistance and push us towards the next resistance levels at 11k to 11.2k. It is important to notice the green trend line that is above the bullish pennant which is the trend line from the All-Time High. This could also be resistance that we continue to reject from. If we break that ATH trend line sharply I expect a...

TheWolfOfST

It looks as if BTC is forming a bullish pennant on the 1HR time frame. I am looking to see if it can break upward before the completion of the pattern. I am in since $9925, would wait for confirmation of a breakout before going "long" as this range tightens to avoid getting chopped up.