BTCUSD - Multiple bearish patterns, likely more downside
I take a look at the 3 bearish patterns that have formed consecutively in bitcoin that gave traders 3 clear opportunities to get short. First a head and shoulders, then a flag, and finally a pennant. I then take a look at the nearest major price resistance level where we can look for any price action signals to get short again and follow that overall bearish trend lower.
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