Bearish pennant for BTC!
Hi there, hope everyone is having a profitable day
As you can see in the picture unfortunately there is a bearish pennant that has been formed in BTC chart.
The timeframe that i choose is 4H but you can find this in 1H and daily chart too. Currently the downward move is in the same direction as predicted.
The target for bearish move of BTC is around 13.8k as it is calculated based on the bearish move before the pennant.
As you can see in the picture unfortunately there is a bearish pennant that has been formed in BTC chart.
The timeframe that i choose is 4H but you can find this in 1H and daily chart too. Currently the downward move is in the same direction as predicted.
The target for bearish move of BTC is around 13.8k as it is calculated based on the bearish move before the pennant.
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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.