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BTCUSDT - Ascending Channel on 1H Chart (Short or Long?)
BTCUSDT
, 60
BTCUSDT: BTCUSDT - Ascending Channel on 1H Chart (Short or Long?)
Updated 

Hey guys, Yesterday, I've shared the daily bearish pennant pattern on BTC and today, we saw a drop from the top of the pennant. (And no, it's not solely related to Elon's tweet, the drop started way before he tweeted. He just made things move faster, that's all. Still, hate the man to my guts!) Anyway, I see an ascending channel have been formed in 1 hour chart...

23K-26K area is still a good possibility
BTCUSD
, 1D
Short
BTCUSD: 23K-26K area is still a good possibility
Updated 

Hey Guys, If we consider this pattern as a bearish pennant, then our targets might be around 23K-26K zone. I still wouldn't take any long positions until we see a close back into that descending channel and make 40K area support again.

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