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MrDiamondHands

Descending Triangle

Short
Bitcoin (COINBASE:BTCUSD)  
MrDiamondHands Updated   
COINBASE:BTCUSD   Bitcoin
Chart Patterns
6
2
chartpattern
Classic continuation pattern

Stop loss: $8,700 would be a rejection
Take profit: length of the "pole", in this case around $7,200
Trade closed: stop reached
Comment:
Very possible that the price is creating a flag on a higher timeframe
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