#BTC Daily Analysis $BTC #Bitcoin
Updated
Bitcoin Formed a Pennant (Consolidation Pattern), Broke Out, Got Rejected off Resistance and retraced to re-test the upper resistance of the pennant, and the 50% fib retracement. I expect a push back to test resistance 1-2 more times before a breakout to higher levels. Further consolidation to come.
Trade active
Resistance hit/tested ...
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
Related publications
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.