A Pennant pattern has to be preceded by a strong up or down move that resembles a flagpole like we see Bitcoin's movement in recent months.
Rsi compatible with this bearish pennant pattern. Look at Rsi indicator. 5 times rejected by the resistances in the downtrend.
This expectation is in line with my analysis that i expect the continuation of the other downtrend. Please check them too.
This is not investment advice, just my personal opinion. Please give your comments about this analysis.
Rsi compatible with this bearish pennant pattern. Look at Rsi indicator. 5 times rejected by the resistances in the downtrend.
This expectation is in line with my analysis that i expect the continuation of the other downtrend. Please check them too.
This is not investment advice, just my personal opinion. Please give your comments about this analysis.