For a while whe're forming a big pennant formation.
BTC build a good looking support, but lost it.
Then BTC formed a big, perfect range (nearly a 10% range), wich is a dream for traders.
But the pressure of the triangle seems to take the upperhand now.
So now BTC is almost at the top of this pattern and has to decide we make a move up or down.
If we break and...
Looks like bitcoin is going to get decision next weeks, months.
Tbh i am more bullish than bearish, but i wouldn't be surprised if we dip more (25-27k) before blast off and go to $100,000 or beyond.
//@version=2
study(title="GreenRedSignal", shorttitle="BuySellSignal", overlay=true)
// Script created by JoinFree
// BollingerBands added for reference
// Buy Long when you see a Green colour bar
// Sell Short when you see a Red colour bar
mysignal = ema(close, 12) - ema(close, 26)
barcolor(mysignal > mysignal ? green : red)
source = close
length = input(20,...
