Allroad

BTC ATH Breach on BITFINEX

Long
BITFINEX:BTCUSD   Bitcoin
Shape of the currently forming pennant is slightly different on BITFINEX compared to Poloniex and is more substantial because of 10x volume advantage. Tactical plan of attack is the same: breach the $5,000 Psychological Barrier by forming a new pennant around 5K and then break out higher to 5,250-5,300. More likely moves are solid lines.
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.