CryptoJHH
Long

[BTC/USD] Bullish Pennant Forming

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Did an analysis on BTC/USD. Seems to be forming a bullish pennants . Looking for it to head to $8,500 soon. Bullish pennants occur just after a sharp rise in price and resemble a triangular flag as the price moves sideways, making gradually lower highs and higher lows. The uptrend then continues with another similar-sized rise in price.
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