This is a pretty obvious Bullish Pennant. Its noticable on all time frames but the 6 hour provided a little more detail. Now, In theory, this should break to the upside (which is starting to happen right now), but we all know that market fluctuations are most determined by the emotional whims of society and
BTC's bi-polar reactions so anything could happen. All im saying is, this should be watched closely, and if its breaks north, expect a bull run.
Not financial advice.....
Not financial advice.....
Trade active
This is still in play. Trump announced 25% tariffs on steel imports which shook the stock market and of course BTC fluctuates with it. Hopefully this ripple has passed if he shuts his mouth the rest of the evening. 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.