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.
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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.
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Btw. Check my other DGD idea. Trade is active since 38000/40000.
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O r the line DOES matter. Seems the pennant will end just perfectly on the line. Bots?!
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Wow. Someone really wants to keep it low for the moment.
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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.
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BTC building a little SHS on the 15min? That would be a good timing.
