Dude56
Short

Bitcoin broke support and may retest pennant support (SMMA 200)

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Bitcoin just completed a bearish pattern and may fall to the green line to retest the support. We have this huge pennant and in case Bitcoin breaks it up we will see a huge pump and in case it breaks down it may fall really hard. At this moment we are facing a lot of sideways and we will probably retest the pennant bottom that is also SMMA 200 and fibonacci target. So i would say that Bitcoin might fall to 6.3-6.7K area in the next days/weeks. Indicators are also bearish confirming another wave down for Bitcoin .
Comment: Retested as predicted.
Great Dude! Keep up the good work! My TA is here: It would be great to hear some feedback from you! If you want you can read the description to see why I’ve laid those targets (7.8k 7.4k 6.4k and 6k the main one)
+1 Reply
Dude56 angel_lobs
@angel_lobs, I don`t need to say anything. Your chart says it all , good job!
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Thank you so much @Dude56, you are great! Keep up the good job!
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