1. Massive uptrend that has blown past previous support and resistance 2. A bearish pennant pattern is forming 3. Price action is trying to close and trade above the 70k mark
Things to watch for to signal the BULLS are back 🐂
1. Price trading consistently above the 70k mark 3. A break above the pennant pattern with a retest to signify the bulls have entered 3. We will take it to the previous high or the next QP which is 72.5k