BTC rejection of bullish pennant
BTC had a really strong rejection with that large wicked red candle. The RSI is fading with a consolidation. I might have to update the potential pattern if it doesnt break up or down soon. This candle is a bad sign for bulls but we could get bullish news any day now with looming ETF among other things.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.