Get started
Bitcoin
Long

Descending pennant about to break

151
After the bull run that happened up to 26th June we have been consolidating in a downwards channel until 24th October's surge. We are now finishing a descending pennant pattern, that will be over by the end of 21st November. Bullish target is 9.5K while bearish target is 7.9K, with a slight bullish bias.
GuillermoPerez
Also on:
PennantSupport and ResistanceTrend Analysis

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.
PennantSupport and ResistanceTrend Analysis
GuillermoPerez
Also on:

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.