It appears bitcoin is breaking up from a bulllish pennant who’s top trendline seems most valid on the 4hr chart, its bottom trendline most valid on the daily chart and its flag pole most valid on the weekly chart. Sometimes patterns will be cross timeline like that. If this is the pattern that is about to be validated, we should see confirmation in the form of price action using the dotted measured move line like a ladder and as support in the near future as well as also potentially resistance later on on the way to the target. When you see that type of thing occur, probability increases that this is the real breakout. *not financial advice*
This news is powered by TradingView 
