ryandi1993

Bearish Pennant Downward breakout 20000 is inevitable?

Short
INDEX:BTCUSD   Bitcoin
According to Encyclopedia of Chart Patterns by Thomas N. Bulkowski
BTC shows steep downwards move and create a pennant
, volume trends downward throughout the pattern, the pennant lasting in 19 days less than 3 weeks, it has broke downward and the target now is 30000-28000 area short term also last support, long term 20000 and 12000
Remember pattern can fail

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