ThatBfd

What do we have Here?

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
To me looks like a possible bullish pennant which gives us a measured move to the Fib level which completes the reverse head and shoulders and puts us in a position of a double top .

Can someone with more experience please verify if that is a possible pennant . I am learning.

Comments

Maybe work on the geometry. There could be a pennant if you bring the line down to when the green kicked back in, straighten the top line- that defines a pennant and see what you draw
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ThatBfd Cryptocautious
@Cryptocautious, the best thing is the upside down Fib which nobody notices :)
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