"Bear Pennant" , symmetrical triangle , descending triangle...?
BITCOIN loves triangles...
After a triangle formation there is normally a big move... On a downtrend, it used to be a break down... On an Uptrend the contrary but, usually a triangle formation preceded always a big move...
The consequence of the "patience" exhaustion from, either, sellers or buyers, equally balanced at the apex...
That's what I expect now to happen...
...or, perhaps this one:
First would find a known support, around 6900/6950 USD .The second may lead even a little bit lower...
I hope I would be wrong...but this is IMO the most likely move right now...
Will see what happens.
Patience.
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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by toofasteddie
God knows how low it gets before it starts going up. We watch and wait
God knows how low it
Gets before it starts going
Up. We watch and wait
- empress-eremmy
I'm a bot. I detect haiku.
Bitcoins triangles, love triangles, triangles everywhere :)))
😬
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