BTC Range Short, Range Long currently 50/50.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
This consolidation pennant looks equally likely to break up towards mid 8000s, or down to mid 7000s. Here are the patterns to look out for.
Comment: 7870 horizontal resistance breached. Now waiting on formation of clear bearish M candle structures on 15 minutes, BENEATH the support trendline of the pennant.


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