Bearish Pennant visible.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
114 2 1
It appears we have a bearish pennant formed which is breaking down. Bear market appears to be continuing after consolidating around the 500 dollar psychological barrier.

Sell volume appears higher than buy volume on the candles.
Broke down. Unfortunately not as far as I prefer.
MrJozza MrJozza
Nevermind. Nailed it
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