DrDovetail

ascending triangle on weekly btc chart could also be a pennant

Long
GEMINI:BTCUSD   Bitcoin
looks like the weekly has formed an ascending triangle which could also potentially be a bull pennant...the measured move for just the triangle has us somewhere around 76k and for the pennant around 85-86k. As always must await for a breakout confirmation. *not financial advice.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.