leongaban

Bull Pennant forming on the 1H for BTC

Long
leongaban Updated   
BITSTAMP:BTCUSD   Bitcoin
Nice bounce for Bitcoin, bears have been exhausted, at least for the short term. Watching for the most likely break upwards... on ETH however the Bull Pennant has failed on the 1H.
Watch for the break then resistance -> support, or support -> resistance candle for the safest action.
Comment:
And Bam there we go :)

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.