AndrewParkHubbard

Pennant Forming - Breakout coming but up or down?

BITFINEX:BTCUSD   Bitcoin
Looking at the pennant it is most likely we will have a breakout in a down move due to the initial down move to start the pennant. The volume is awful and I suspect there will be a spike in the next 6-10 hours of sellers. However on the low chance BTC makes a move up (which has happened in the past) we will face resistance at 7200 and 7400 (my opinion 7200) before we make our way back down.

Good Luck!
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.