BTC NEEDS TO CLEAR PENNANT FORMATION & CLOSE ABOVE 50EMA (12H+)

7 בדצמ׳ 2021

Ladies and Gents -

Something I noticed most are not discussing on TradingView, Crypto Twitter, and Youtube 📈:

• 50EMA needs to be held as support on larger time frames (12H+) (currently neutral).
  
• Bottom of Descending Channel confirmed at the 41K level (maintained market structure, so still bullish overall). 🐂
  
• Current rising price is supported and forming a (bullish) pennant. 🐂
  
• Price has until approx. December 14th before BTC makes a decision (up or down) (my call is to the upside). 🐂
  

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