BTC spot price is forming a bullish pennant on a 4h timeframe with a projected move up to around 46500 region.
The declining volume confirms this pattern. Let's see if plays out as a pennant or just as a range consolidation.
First resistance block found around 43000 level.
This is a macro reversal, as we have confirmed a higher low on the 4h timeframe and all indicators indicate we still have fuel to go up.
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The declining volume confirms this pattern. Let's see if plays out as a pennant or just as a range consolidation.
First resistance block found around 43000 level.
This is a macro reversal, as we have confirmed a higher low on the 4h timeframe and all indicators indicate we still have fuel to go up.
Please like if you like this idea. Thank you!