TradingView
Hinterland
Sep 6, 2021 10:03 PM

BTC testing 52k Bullish Pennant Almost Completed! Long

Bitcoin / United States DollarCoinbase

Description

BTC rose again to test the 52k resistance once more and for those waiting for a greater long confirmation can watch if BTC can engulf and close above the daily high of 52219.95.
This would confirm the first retracement of the 51k support line and signify a much stronger buy signal (for those that still need one).

Comment

Please make sure to check previous post linked for context!

Comment

The 4 hour candle would provide a much better closing target. Sorry about using the 1 hour chart! 2 Hours left until 4 hour candle closes.

Comment

Confirmed!
More