First signs of BTC reversal! for COINBASE:BTCUSD by inchartswetrust

Hi there! Looks like we have some positive reversal signs on bitcoin chart: 1. Rebound from the ATH 2017 level; 2. Local downtrend breakout with closing weekly candle above; 3. Reverse breakdown of bearish pennant. Any long trades has to be with stop loss at 18250$ - below the ATH 2017 level or lower than bearish pennant at 16700$.