Since the massive run-up of MATIC late April, the price as been slowly but surely forming a massive bullish pennant pattern.
Classically, a bullish pennant is a trend continuation pattern. This fits my narrative of the idea that we're currently preparing for a new all-time-high for BTC.
For the coming weeks, I'm expecting the price to follow the pennant. In case we break out on the upside soon, I'm expecting a strong bullish move towards the area of resistance from $1.75 - $2, which is also our first target area.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.