BTC has formed another pennant as part of its bull market. Watch the 9 & 20EMA lines for crossovers. A breakdown would indicate the long-awaited retracement has started without the expected
US20,000 target being reached. No sign yet of feared "manipulation" by the futures traders, who, as one observer noted, still have to get used to this market.
Note
Now this looks like a breakout upwards. Another push for $20k?Disclaimer
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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.