#BITCOIN L-T-F UPDATE:
#BTC is forming a Bearish Pennant in an Hourly Time-frame. Which is a Bearish pattern if you examine it.
But if we examine it from the POV of EW Th. Then we can see a 5th point on the edge of a Pennant 's Trendline.
Also, on the other side of the coin in a very rare case, we will be able to see a Break-Down too from the Pennant.
But by seeing the Volume, I can definitely say that we will see a 5 point upwards.
After that we need to be patient to see a Break-out or price retracement.
But right now, 5. Point...✅
#Crypto #CryptoCommunity #cryptotrading #BTCUSDT #Cryptocurency