Calling out a bearish pennant formation. For theory: Take the flagpole length and apply that to the estimated exit of the pennant and this is how the PT (price target) is found. Although being BTC and the volatility BTC creates, I expect more downwards pressure and a greater declining red flag pole than what I have shown.
Kommentera
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Price has flatlined straight down the middle it would seem.
Kommentera
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Finally something happens...i guess I spoke to soon, lol