Bullish pennant, fib levels, 15% returns in a few days!
After a bullish run, we have consolidated sideways and I believe that we will continue the sideways pennant movement until we break the pennant, I believe this will happen at one of the three points where the top side of the pennant crosses with one of the fib levels.
Once this occurs, I believe we will continue the breakout following one of the 3 arrows.
Buy range is within the pennant.
Targets are the blue horizontal dashed lines, each target corresponds to each breakout arrow.
Set stop loss accordingly!
Any comments or messages will be much appreciated. If you want me to do some technical analysis on any other coin, please let me know!
BTC donation wallet address : 17xaafCmrBj3TL4rXNczuuM1MuvEGwX6XJ
LTC donation wallet address : LNDYMjUEJqo1EuexEbTX6E157tZDBGqtgR
I am not a financial adviser, please trade at your own risk!
Once this occurs, I believe we will continue the breakout following one of the 3 arrows.
Buy range is within the pennant.
Targets are the blue horizontal dashed lines, each target corresponds to each breakout arrow.
Set stop loss accordingly!
Any comments or messages will be much appreciated. If you want me to do some technical analysis on any other coin, please let me know!
BTC donation wallet address : 17xaafCmrBj3TL4rXNczuuM1MuvEGwX6XJ
LTC donation wallet address : LNDYMjUEJqo1EuexEbTX6E157tZDBGqtgR
I am not a financial adviser, please trade at your own risk!