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TopTradingSignals
Jan 16, 2021 8:06 PM

BITCOIN Inside MASSIVE Bullish Pennant. Will Go Up. Buy! Long

Bitcoin / U.S. dollarBitstamp

Description


Hello,Traders!
BTC-USD is trading in a massive bullish pennant
I think it will trade inside this pattern for a while
With possible swings down inside the pennant
But ultimately, this pattern signals bullish continuation
Therefore, I am bullish on BTC
And expect 45.000$ per Bitcoin as 3d target
After the breakout
Buy from pennant support!
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Comments
rtm2k
well, it can break down as well, right?
Howie_Wowie
@rtm2k, Yea this could go either way
rtm2k
@Alexander_15, Thanks! Appreciate it
Babenski
yes sir hope it break upward
KlejdiCuni
Thanks for sharing.
TheSignalyst
very clean symmetrical triangle mate! also waiting for the upward break!
AlexC63
Ok, but why are you ignoring the weekly RSI which is falling over on itself? That doesn't seem like a fair analysis for people.. A lot of people may lose their money if they ignore any warning signs.
FlashFX
Sheesh time too buy now
TopTradingSignals
Do you see a bullish pennant too?
JD-Brunner
@TopTradingSignals, I see a symmetrical triangle that could break either way, with a bullish bias based on the current trend.
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