Chart Pattern: A “Bullish Pennant” is marked – this occurs right after a strong upward movement flagpole and followed by a short consolidation pennant which often indicates continuation to the upside.
Current Price: Approximately $103,652.
Resistance Zone: Approximately $106,000.
Moving Averages (likely 50 EMA and 200 EMA).
All other trendlines and pattern zones are drawn manually.
What You Might Need Help With:
Please describe in greater detail what you are trying to accomplish:
Are you trying to make a decision to buy, sell or hold?
Would you like assistance with understanding the chart patterns?
Or do you want suggestions on what trading strategy could be used in relation to this chart?
Current Price: Approximately $103,652.
Resistance Zone: Approximately $106,000.
Moving Averages (likely 50 EMA and 200 EMA).
All other trendlines and pattern zones are drawn manually.
What You Might Need Help With:
Please describe in greater detail what you are trying to accomplish:
Are you trying to make a decision to buy, sell or hold?
Would you like assistance with understanding the chart patterns?
Or do you want suggestions on what trading strategy could be used in relation to this chart?
Trade closed: target reached
target reached before and after see on chart below 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.