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GeorgeSaber
Aug 11, 2019 6:22 PM

Bitcoin CHOP! "Bear trap" or "Bull trap"?  

GOLD (US$/OZ)TVC

Description

XBTUSD.P, BTCUSD: A failed pennant

Observing the SILVER and GOLD chart we can see similar chop, and violent shakeouts to our phantom fib level.

In my opinion, I don't think the run is over.
I do believe that if BTC regains the pennant territory, we could chop out some more before a swift leg up.

Comments
Coach_Kev
Bullandbeartrading
I like your FIB placement buddy.
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