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Shafay

Bitcoin Price squeezing as Bears exhasut

Long
Bitcoin (BITFINEX:BTCUSD)  
Shafay  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns
5
0
trendanalysis chartpattern
A very nice chart formation. Since the price jumped it is now forming a pennant inside a downtrend. At the end of this Pennant the decision will be made either the downtrend continues or it breaks. I am expecting the price will break it since MACD look bullish and RSI continues to make lower lows than before.

!(steemitimages.com/DQ...51TaZ4CJ/Capture.PNG)

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