An elliot wave is seen and is on its last wave to wave 5 in which a correction occours, this is proved from the pennant which is a trend continuation pattern signifiying a breakout in price.
Comment:
A MACD cross-over looks to be incoming which is a bullish sign and if we can break out of the 60RSI resistance we will be definitely pumping
Order cancelled:
XBT reached its stop loss but a small pump did occur after the pennant but didnt reach the profit zone.