BTCUSD: the forgotten trend is in power?
The descending triangle was modified by analysts several times in order to follow the price action. In fact, the few first spikes shouldn't be taken into account indeed. In any case, with all the visibility of the trend, usually such patterns do not play out, because the market tends to go against the crowd. However, we could see a couple of bounces in the nearest future in order to make people believe in obvious things, being wrong in reality. So, there may be a path to the downside now and the breakout in the beginning of 2019 (!!!).
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