BULLISH to $14,000! Pennant breakout!
Hey my Crypto Nerds,
So check out my last idea, i talk about the potential Pennant formation which has turned out exactly to a T!
This graph is my original sketch from my last idea. We have had a small pull back like i said and now aiming to test the last BTC high at 14k. One of two things will happen, we will bounce back from the 14k mark and show resistance or we will just push on through! If we bounce back we will look at retesting the resistance at 14k once more or we will fall back down to test the new support level at the 0.236 FIB which i have changed from RED to YELLOW. If we push through this, nothing is stopping BTC reach levels of $16650 for next target. Obviously won't be instant and will have little bumps along the way but this is the level i think before a major pull back again. We still have plenty of room to move on the RSI before being in the extreme overbought zone.
STAY FROSTY!
Aus-
So check out my last idea, i talk about the potential Pennant formation which has turned out exactly to a T!
This graph is my original sketch from my last idea. We have had a small pull back like i said and now aiming to test the last BTC high at 14k. One of two things will happen, we will bounce back from the 14k mark and show resistance or we will just push on through! If we bounce back we will look at retesting the resistance at 14k once more or we will fall back down to test the new support level at the 0.236 FIB which i have changed from RED to YELLOW. If we push through this, nothing is stopping BTC reach levels of $16650 for next target. Obviously won't be instant and will have little bumps along the way but this is the level i think before a major pull back again. We still have plenty of room to move on the RSI before being in the extreme overbought zone.
STAY FROSTY!
Aus-
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