Popeson

BTC Bullish Pennant on 2Hr TF

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BITSTAMP:BTCUSD   Bitcoin
Presently BTC is forming a bullish pennant chart pattern on 2hours time frame. If BTC is able to break out of the pennant, it has a major resistance level to break at the yellow level. If that is broken, we can then resume the uptrend, else the price would crash down.

The major indicator to watch again this week is the #DXY which i guess may have a temporary pullback once the FX market opens on monday, this mat cause a reversal for the general market in a short time

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