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BONTESA
Oct 3, 2020 4:29 PM

Bearish pennant fakeout (possible scenario)  

COINBASE:BTCUSD1D
Bitcoin / United States DollarCoinbase

Description

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BTC is forming a bearish pennant pattern that leads to a drop of $9450.
We can see a fakeout first, retest the trendline & dump further to fill the CME FUTURES gap.

$11200 (fakeout) then a dump to $9450.
Trend AnalysisBitcoin (Cryptocurrency)bitcoinusdBTCUSDBTCUSDTbtclongbtcshort
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