Long
DGD - Up or Down. What will it be BTC?
Soooo. Which direction will it be. Usually the pennant should resume the uptrend. But as always... BTC will probably dictate the impulse. IF we go up, we SHOULD get a MACG crossing upwards on the 4hr chart. And then...Booom. Crossing fingers.
Note
Since I am just learning here it's interesting to see that my rising trendlines (orange) always seemd to work as a resistance / support. But in this pennant, it doesn't seem to have an effect.Trade active
Btw. Check my other DGD idea. Trade is active since 38000/40000.Note
O r the line DOES matter. Seems the pennant will end just perfectly on the line. Bots?!Note
Wow. Someone really wants to keep it low for the moment.Note
Okay. Doesn't really look like a pennant anymore. Or we just left it flat? MACD crossing doesn't seem to fall into place. Looking like an arc pointing downwards atm. price is getting crushed between MA 7 and MA25 in the 4-hour chart. If BTC won't go down I am afraid we will.Note
BTC building a little SHS on the 15min? That would be a good timing.
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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.