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About me Alternative investments since 2010 Crypto since 2017 --- Making money make money through thoughtful plan execution
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Making money make money through thoughtful plan execution.
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BTCUSD 100% | 1
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Bearish Pennant shows downward bias
BTCUSD
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BTCUSD: Bearish Pennant shows downward bias

Trend lines show Bitcoin forming a Bearish Pennant. If $BTC performs a bullish break above the upper trend line, then will look to 11,650 as next resistance, followed by 12,700. If $BTC breaks down from the pennant, as the flag would suggest, then consider a short entry. Fib based on 11/12/17 low 5511 and 12/17/17 high of 19891 and shows strong support at 8588...

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