Bitcoin pennant in progress? to be completed?

Bitcoin / DollarBitfinex

Description

⋅ Sep 11, 2019 1:20 AM

Bitcoin is hovering around fibonacci retracement 38.2%, 9786 area.
If this price is a strong support and hold, it might complete a pennant.
If break below then we will look into 50% and 61.8% fibonacci retracement area.