Pennant Possibility !

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
A pennant is created when there is a significant movement in the stock, followed by a period of consolidation – this creates the pennant shape due to the converging lines. A breakout movement then occurs in the same direction as the big stock move. These are similar to flag patterns and tend to last between one and three weeks. There will be significant volume at the initial stock movement, followed by weaker volume in the pennant section, and growth in volume at the breakout.

I also spoke this pattern a few days ago!!!
Comment: Double Bottoms
Support line tested
trend reversal
Comment: Went Up Pennant Possibility !
Comment: As you see
I predicted this is a new support line!
Comment: Dear friends pay attention!
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Comment: Double Top + Pennant !
How you getting on with this bruh?
+1 Reply
agree with you bro youre right
So it seems you analysis turned to be incorrect but... nobody needs to support you for you to continue. I think you need to continue to get better at TA for yourself and then people are going to start appreciating you if you contribute - that's how it works. But having said that I think you should keep it up.
+3 Reply
you are a complete idiot that incessantly spams with dumbass analysis and im unfollowing you
+4 Reply
This is an obvious double top. Why do you think the price would go up from here?
@VanBenno, In the pattern of the PENNANT
We test the support line twice
We double test the resistance line
And after a very high speed we climb
@VanBenno, We'll be back to the main railroad trail
with high speed
I emphasize
with high speed
It's definitely a possibility. I don't think things are quite as bearish as they seem.
@MidasTouchTrading, I even predicted a price correction of $ 16,000 in my chart
Who want to believe in my predictions?
When they've lost a lot of money
I even foreseen this
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