[ BTC Mid ] bullish pennant ready to break out
After the big push in 
BTCUSD it formed a nice bullish pennant which is coming to an end. This looks at the H4, but also applies on D1. IMHO everything looks like a bullish breakout which would probably result in a push to 6k.
OTOH there is a bit of divergence with the RSI which can be a warning signal. But considering the overall market and sentiment i am bullish on this one.
If the pennant is broken south i would expect a retracement at least down to the MA 100, but this might easily be just a spike before bulls retake controll, so be cautios!
BTCUSD it formed a nice bullish pennant which is coming to an end. This looks at the H4, but also applies on D1. IMHO everything looks like a bullish breakout which would probably result in a push to 6k.OTOH there is a bit of divergence with the RSI which can be a warning signal. But considering the overall market and sentiment i am bullish on this one.
If the pennant is broken south i would expect a retracement at least down to the MA 100, but this might easily be just a spike before bulls retake controll, so be cautios!
Transaction en cours
long breakout happened. now move it ;)Trade fermée: ordre d’arrêt atteint
well shit.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.