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CryptoSwings

BTC bearish pennant forming. Possible short situation

Short
Bitcoin (BITSTAMP:BTCUSD)  
CryptoSwings Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators
5
2
trendanalysis chartpattern indicator
A lot of recoil recent since the crazy price action. Currently forming a bearish pennant and could lead to test the previous low when it breaks out.
Comment:
Pennant broke out, to the upside, however, I still consider us in the no trade zone due to daily, weekly, and monthly TD indicator being on a 9. I'll go long when we break all time highs.
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