Large Pennant on BTC
We got a big pennant here on 4H chart which MA128 on the bottom got very good support in previous drop, also EMA200 is our next support which is tough to break.
I my opinion and my analysis if we breakout the pennant from the top it would leads BTC up to 50K even. BUT, if we have a breakout in other direction and both supports were unable to do their job then we can see BTC on 25K probably.
I really hope it helps someone else to has better view of chart and i really like to know your idea and opinion about my idea and make me right if im wrong anywhere here, i really appriciate it
Thanks
I my opinion and my analysis if we breakout the pennant from the top it would leads BTC up to 50K even. BUT, if we have a breakout in other direction and both supports were unable to do their job then we can see BTC on 25K probably.
I really hope it helps someone else to has better view of chart and i really like to know your idea and opinion about my idea and make me right if im wrong anywhere here, i really appriciate it
Thanks
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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.