$BTC Monthly Bull Pennant + Higher highs lower lows Long

Bitcoin / DollarBitfinex

Description

⋅ May 29, 2018 4:59 AM

Bitcoin has produced a bull pennant on the monthly time frame and higher highs and lowers lows on the monthly candle.

Looks good on this time frame.

Comments

mhfcrypto

⋅ May 29, 2018 5:05 AM

If we zoom out far enough, everything in the World looks okay :-)

CaesarThrillmex

⋅ May 29, 2018 5:13 AM

@mhfcrypto, and not just charts but the world itself :)

mhfcrypto

⋅ May 29, 2018 5:14 AM

@CryptoRampage, yup - that’s kinda what I meant :-)

bokeb

⋅ May 30, 2018 4:21 AM

@CryptoRampage , I think you mean lower highs and higher lows? :P

risingstar90

⋅ May 30, 2018 12:02 AM

nice perspective

yanbuchanan

⋅ May 29, 2018 9:56 PM

havent seen a higher high in 6 months. dunno what ur talking about

Acel

⋅ May 29, 2018 9:26 PM

Real support at 1.3k, maybe it comes down as a pizza slice?

jwebbs999

⋅ May 29, 2018 5:52 AM

thanks @CryptoRampage !

MilkBread

⋅ May 29, 2018 5:05 AM

what's that little mark on the green candle on the october 2017?

CaesarThrillmex

⋅ May 29, 2018 5:13 AM

@MilkBread, That was an ascending triangle on the daily time frame. Good spot!