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Bitcoin / TetherUS

Pennant Pattern: Wait for a breakout

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Bitcoin is forming a pennant pattern. It seems to be a bearish pennant, but it cannot be confirmed until the full breakout. For the transaction, it is better to wait for the Bitcoin breakout
cryptoonchain
For more of my on-chain analyses, visit my CryptoQuant profile:
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
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Chart Patterns

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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.
Chart Patterns
cryptoonchain
For more of my on-chain analyses, visit my CryptoQuant profile:
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
Also on:

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.