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Uberphat

BTC seems to be forming a massive BEAR Pennant!!

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
Uberphat Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators BTCUSDT Bullish Patterns formation
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trendanalysis chartpattern indicator btcusdt bullish formation
After the blow off this week, it looks like Bitcoin if forming a Bearish Pennant pattern going into the weekend. Stay safe out there, keep those stop-losses tight if you're trading, but I am sitting in Tether until a confirmed break or re-consolidation happens.
Comment:
BTC defied all odds and broke out of the Bearish Pennant this weekend. It is now riding a steep ascending channel towards resistance. A healthy retracement is imminent, unless the bulls decide it's time to go all-in.
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