Along with BTC and the other major altcoin versus the USD, a pennant pattern is forming.
If we were to assume trend continuation, a breakout to the downside would be the more probable outcome. Should this occur, a projected target from the consolidation zone that has almost complete is shown @ 0.46 satoshi.
Great risk to reward should this pattern play out. Note the volume is decreasing.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
If we were to assume trend continuation, a breakout to the downside would be the more probable outcome. Should this occur, a projected target from the consolidation zone that has almost complete is shown @ 0.46 satoshi.
Great risk to reward should this pattern play out. Note the volume is decreasing.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
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Triggering event has occurred, with a recent smack down. Place stops.İlgili yayınlar
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.
İlgili yayınlar
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.