Journalbelik22

Bullish pennant in bitcoin seems to be broken

Long
BITMEX:XBTUSD.P   Bitcoin
We need to close a weakly candle above 0.50 fibonacci to get bullish movement confirmation. i expect to reach 0.786 lvl by october and a drop to retest the currently bullish pattern.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.