Hello and welcome to my Trade Idea of the currency pair BTC/USD.
Lets start with the Top Down Analysis.
Monthly: In the last months we were bullish on the way and that with very big candles. The first view is bullish.
Weekly: Weekly gives us more information that the trend is very bullish and the buyers have the upper hand.
Daily: On daily we see a Pennant formation where we expect the price breaks to the upside
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: In the last months we were bullish on the way and that with very big candles. The first view is bullish.
Weekly: Weekly gives us more information that the trend is very bullish and the buyers have the upper hand.
Daily: On daily we see a Pennant formation where we expect the price breaks to the upside
Have a nice day.
Comment:
The Pennant analysis is not longer valid.
