The odds are that it breaks structure to the upside and we see huge momentum up once again, but be aware that should it break to the downside with a big bearish candle especially on the 4H we could see BTC drop down to where it was last week.
@ryan_n_gill, 👍 Look out for more of these patterns. This is what we will get all the way to 2022 I believe. The big bullrun bubble has just started.
Raddy2020
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Chances are high since it is a symmetrical triangle, which is similar to a consolidation that picks up the previous trend. Thus, breakout upwards!
kylerhaged
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@Raddy2020, Very high chance of upward continuation. Thou this would be a pennant not a symmetrical triangle, has a pole and its its duration is short, those are the two main factors between the two