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rhysdhoward
Apr 10, 2018 2:46 PM

BTC symmetrical triangle  Short

Bitcoin / DollarBitfinex

Description

Bearish symmetrical triangle pattern. Implies a continuation of the down trend. Expect a decent bounce around 6k even if that doesn't hold long term.

Comment

This is a bear pennant* not symmetrical triangle. Doesn't make much difference for our purposed but wanted to correct it.
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