BTCUSD probably forming bullish pennant but we need to confirm breakout from redline to have full confirmation. Target 9100.
Comment:
Breaking down through green line invalidates pattern
Comment:
BTC can't break the downtrendtrend easily. The resistance is quite heavy but the angle of resistance is very high and we should break it sooner or later
Trade active:
We got already one false breakout. It was collecting openning longs and closing shorts. Pennant still holds support. Watching carefully.
Order cancelled:
Support broken. No long position
