BTC/USDT H4 " Bullish Pennant" Possible Breakout soon ..?

In the H4 there is a consolidation , its forming a bullish Pennant atm.

The Volume is also decreasing thats good for the Pattern.

A bullish Breakout above the UPPER Channel Line would be Bullish Move with a Target 8000$

WATCH OUT for the 50SMA on the Daily , this is why we need a HIGH Volume peak for a valid breakout here.


AND

there is always the possible BREAKOUT downwards so wait for CLOSE above !!!

تعليق:

UPDATE:

Now we have hear a Bullish Flag ... Lets see if the Flag stay valid

تعليق:

After the breakdown we are at a Decision Point.