or maybe just a symmetrical triangle,,,I have brakdown targets for both the bear pennant or just the triangle limit buy is still set up for if we revisit the weekly 200 simple moving average.
BTCUSD is situated into this bearish pennant from 26 november 2018 until today and it most likely in late this month or february we will have a huge,massive and fast breakdown untill 1800-1900$. What is important to understand,i m not a permabear or permabull but this chart is extremly bearish Beriash pennant is a continuation pattern and NOT a reversal pattern...
I just met this pattern. but I'm sure I guessed right
BTC has formed a bearish Pennant, a breakout to the downside is the most likely scenario here. The measured move would put BTC in the $2,200 to $2500 range.
Good day Traders The market has chosen a direction and unfortunately I've almost lost all hope of seeing $5k happen in January, not with Chinese new year approaching and especially not after that huge break to the downside of what is most probably a very large bearish pennant. It doesn't look pretty. It looks like we might have actually broken that bearish...
Happy new year Traders! First chart for 2019 and back in the saddle after time away (and not too much has been missed it seems). My trade from my previous post is still active and I'm still waiting for a retracement to our $2630/40 bottom target. Bitcoin has now broken support of the large bearish pennant which has been holding since our annual low in mid...
*** If you like my analysis, then give me a like there to support me *** Hello community, Btcabc is looking for another demolition. Reason for that is a Bearish Pennnant. What do you think? Target: 0.035245 Satoshi Make Crypto Great Again Kevin Sagitario
Bitcoin sitting at triangle apex. Could break either way but looks like a bearish pennant to me which could take us below our weekly SMA200 before Christmas. We have hidden bearish divergence on the 3H MFI so this could break to the downside. TP targets set by using 138.2 and 161.8 fib extensions from the pole height and height of the pole itself taken from the...
Good day Traders Here's my synopsis for the festive month ahead. Bitcoin found the resistance of a large descending channel, is currently testing bearish pennant support and printing a falling wedge on the 15 min for a rise to around $3980, before breaking market structure and dropping to $3500-$3600, where we should have strong trendline support (which had...
SC are Trying to make Bearish Pennant if Bearish Pennat Complete according to Forecast then we can see Continousaly Bearish Trend. Trade Carefully !! Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
#Bitcoin found support at the base of the ascending channel to potentially form the right shoulder of that H&S. I mentioned in the previous post that we might not break channel support because there was hidden bullish divergence on the 4H so to watch the $3900 area for a possible rebound which happened at $3950, but price is now right at the apex of a large...
YOYOYO, I'm back, busy as fuck as usual, but still following market and trading on the side. BCH doesn't look good : Low volumes Higher Lows/Lower High Price is squeezing In my opinion, this looks like a bearish pennant. I'm aiming at 0,0442, but wouldn't be surprise to see a SL hunt below 0,0438.
BTC/USD has been trading around 5400-5600 following that huge dip from 6300-5170ish. We are now consolidating in what I believe is a bearish continuation pattern in the form of a bearish pennant. I am seeing different variations of the same pattern (will post images below) and it looks like we could be seeing another retest of that 5100 area, if not lower to...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
It looks like a Bearish Pennant but there's a lot of resistance down there. Targeting a test of 38.2 on the down side and a retest of the highs on the upside