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tantamount

BTC Bear Channel or Bear Pennant?

Bitcoin (COINBASE:BTCUSD)  
tantamount Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators
22
1
trendanalysis chartpattern indicator
Watching for shenanigans at this level to verify if any further downside is ahead. I see two scenarios which are located in my profile.
83.6% Average Retracement of Significance Since 2013
BTC Weekly Oversold RSI and 233 EMA
Either we've already reached a major bounce point or we capitulate further to $2K regiom. Trade safe and enjoy the show!

NOTE: NOT trading or investment advice. Entertainment only
Comment:
6hrs ago, said it could hit 9100 now we're almost there. www.tradingview.com/...8-8995-f51513fe7bf6/
Comment:
BTC hit my "turbulence" retracement zone of around 9100. Notably, the highly correlated SPY also started to pull back. Now we'll watch to see if this goes deep or makes a mild pull back from here.
snapshot
snapshot
Trade closed: target reached:
Nailed the blue target zone exactly. Let's see if we begin a retracement from here.
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