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tigerpause
Feb 9, 2018 12:31 PM

Possible bullish pennant? 

Bitcoin / U.S. dollarBitstamp

Description

I'm not sure if this is a rising wedge (bearish), a pennant (bullish) or even an ascending triangle. Any comments?

Comment

Easier to see in this shot of just the price part of my chart:

Comment

I've refined the pennant based on the latest top and comparison with the bearish flag we had for the last two weeks of January. It also fits with the inverse head & shoulders pattern.
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