BTC bullish pennant at 1 hour chart. Yes, BTC often go against classical patterns, but with all the bullishness it gained, I feel this time it can go as expected - up. BUT always expect unexpected, when it comes to BTC =) So what we may expect?
Bullish scenario:
1) Bullish test of 9600 again and possibly ~9750
2) If breakout, it will grow to 10-10.1k
3) If last resistance is broken - target 12500
Bearish scenario:
1) Dump below 9300 will push it lower to ~9000-9050
2) Falling lower will take it to 8550-8700 (were two support levels but now its just one big support zone)
3) Finally, lowest I can imagine is 8300 support. Should be strong enough to hold the price.
Bullish scenario:
1) Bullish test of 9600 again and possibly ~9750
2) If breakout, it will grow to 10-10.1k
3) If last resistance is broken - target 12500
Bearish scenario:
1) Dump below 9300 will push it lower to ~9000-9050
2) Falling lower will take it to 8550-8700 (were two support levels but now its just one big support zone)
3) Finally, lowest I can imagine is 8300 support. Should be strong enough to hold the price.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
FREE telegram channels:
Crypto reviews - t.me/WiseAnalyze
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Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.