Keep it plain, simple and minimize the noise!

Here we see a bull pennant on the Bitcoin daily, on the inverted scale.

Inverting the chart is great to really bring things into perspective sometimes and see what your missing.

This pattern is a bullish pattern , however every single pattern has the probability of going both ways.

Since breaking this pennant to the downside and getting what seems to be a bearish retest confirmation, this could give enough of a push to break and start trading between the 49k-50k zone.

At the moment – the market is sideways, choppy and RISKY.

I have various different set-ups I’m watching and always waiting for confirmations of each one BEFORE entering a trade.

Comment your ideas down below 🙂