L3gOnD

BTC Pennant Tightening

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Two targets for a break of the pennant if it breaks with solid volume . Bottom target also coincides with a support/resistance level and the bottom of the 1H cloud.
$7400 and then break to $9200 would be healthier, IMHO
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L3gOnD mhfcrypto
@mhfcrypto, Could not agree more. I would like to see the 7450 retest. Support there is better shown on 4H timeframe and it also is where the Kijun lies and we are seeing bear divs on oscillators. Fully on board with you.
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