Bitcoin Pennant spotted!
Looks like Bitcoin´s current correction is now ready for an uptrend rally, or about to be.
I have spotted a traditional "pennant formation" which could shoot up to $48250-$48700 or perhaps even touch/briefly break, the prior $49000 "Bitcoin Spot ETF" high which took place Jan 11, 2024.
Entry points should be sought after pullback, at the $43380-43400 area or so.
Have a nice (LONG) trade.
:)
I have spotted a traditional "pennant formation" which could shoot up to $48250-$48700 or perhaps even touch/briefly break, the prior $49000 "Bitcoin Spot ETF" high which took place Jan 11, 2024.
Entry points should be sought after pullback, at the $43380-43400 area or so.
Have a nice (LONG) trade.
:)
Transaction en cours
Pullback in place and Pennant target on its way!Trade fermée: cible de profit atteinte
Pennant practically complete.
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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.