BTCUSD has failed to breakout highs and now it's moving in consolidation.
It looks like 'Bearish Pennant' so far.
If it continues downtrend and downside breakout occurs at the TL, the target price would be 2650$.
You may also see the price 2650$ is demand zone, therefore, it might be PRZ as a reasonable price to buy.
It looks like 'Bearish Pennant' so far.
If it continues downtrend and downside breakout occurs at the TL, the target price would be 2650$.
You may also see the price 2650$ is demand zone, therefore, it might be PRZ as a reasonable price to buy.