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WaqarMMirza
May 31, 2021 7:09 PM

Play Button and BTC 

Bitcoin / DollarBitfinex

Description

Over the last 4 years of Crypto trading, few things remained consistent, Like volatility, unpredictability, and more but few patterns are very noticeable.

Like the pennants (I call them Play button) and they more often resume in the direction of the latest trend in this case which is a downtrend. If I am right in the call BTC may visit 20K ( 2017 ATH). But this is a long shot, and against the ods which are suggesting the resumption of the Uptrend (Most anticipated 100K) as many traders are suggesting.
Comments
RossEth
Have you got any examples of this previously? sounds like an interesting idea.
WaqarMMirza
@RossEth, Multiple examples, will share it soon.
ScaleyBanger
could have a fake breakout........
WaqarMMirza
@ScaleyBanger, Yes, but the clear picture can help in managing risk.
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