Tags : Pennant

Bitcoin

Bitcoin Price Eyes $26,000 on Bull Pennant Breakout on 1H

The cost to buy one Bitcoin unit could surpass the $26,000-level according to a textbook bullish indicator forming on its lower timeframe chart. Dubbed as “Bull Pennant,” the pattern forms when an asset forms a Triangle-like structure after forming an upward flagpole. Traders perceive it as a signal of bias continuation, i.e., they believe the […]Read More