whalwani

Pennant forming on 1H BTCUSD

whalwani Updated   
BITFINEX:BTCUSD   Bitcoin
It might be a short break before continuation of the down trend.
Comment:
so the break played nicely, merely touching the 9000 mark and then back to conform with the strong downtrend. I read many posts suggesting the beginning of a bullish reversal, but the price action clearly suggests otherwise as shown in the daily chart below.
Comment:
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