MagnusTradingGroup
Short

Bearish Pennant & ABCD

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
523 5 7
Bearish pennant resolving in downward AB = CD movement with potential target at 400 being exactly the 1.5 fib extention of AB. Increasing volume is also supporting this idea
Nice.
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I saw you noticed the pennant quite early aswell. did you take that trade ? :)
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MrJozza MagnusTradingGroup
I never trade something with this small a market cap on margin, in either direction. Been holding all fiat since 880 USD 2 months ago though. Paper trading since to keep my knife sharp.
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are you planning to buy in at 400 ?
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MrJozza MagnusTradingGroup
Should I believe a triple bottom likely... sure.
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