Bullish Pennant - Have we completed wave E? Do we move up next?
Just my idea and chart.
I am still very new to all this so go easy, however, I had this drawn for a few days now and it still seems to be holding strong.
We broke the pennant and BTC was trying to flip that upper trend line into support but we fell through. This said, we have been holding close the top of this pennant and continually trying to breakthrough. Could this be an indicator of BTC being more bullish than bearish?
With some luck, next, we move up.
I certainly hope so, even if it's just back to 19500 - 19800.
That would be great!
Good luck boys and girls!
I am still very new to all this so go easy, however, I had this drawn for a few days now and it still seems to be holding strong.
We broke the pennant and BTC was trying to flip that upper trend line into support but we fell through. This said, we have been holding close the top of this pennant and continually trying to breakthrough. Could this be an indicator of BTC being more bullish than bearish?
With some luck, next, we move up.
I certainly hope so, even if it's just back to 19500 - 19800.
That would be great!
Good luck boys and girls!