YurloTrades

PI CYCLE TOP (2021 ATH) BEARISH PENNANT PATTERN (BTC)

Short
BITSTAMP:BTCUSD   Bitcoin
FIRST OF ALL, please do me a favor and tap that like button or even leave a comment on what you think of my technical analysis I've posted for the trading community! 👍

SEOND OF ALL, bearish pennants are continuation patterns that mark a pause in the movement of a price halfway through a strong downtrend. They occur just after a sharp drop in price and resemble a triangular flag as the price moves sideways, making gradually lower highs and higher lows.

LASTLY, stay safe and have a great weekend!

(we can nuke below $30,000 whenever whales decide to press the sell button so please be cautious this weekend and next week)
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.