Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
BTCUSD - moving in Bearish pennant so far, and...
Bitcoin
Short
BTCUSD - moving in Bearish pennant so far, and...
By flame91_
Follow
Follow
Mar 31, 2019
9
1
1
Mar 31, 2019
BTCUSD has failed to breakout highs and now it's moving in consolidation.
It looks like 'Bearish Pennant' so far.
If it continues downtrend and downside breakout occurs at the TL, the target price would be 2650$.
You may also see the price 2650$ is demand zone, therefore, it might be PRZ as a reasonable price to buy.
Pennant
flame91_
Follow
Disclaimer
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
.