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firmestudio
Dec 6, 2021 7:55 PM

BTC Down from Upward Pennant Triangle Short

Bitcoin / TetherUSBinance

Description

Hi traders.

An Upward Pennant occurs in a downtrend as a triangle inclined upward, wich Is a BEARISH pattern.

On this price action, the price goes retest the major resistance above 49300.

The short position Is still validated.

Thanks for yours attention.
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