BTC 4 hour - Bearish Pennant
Calling out a bearish pennant formation. For theory: Take the flagpole length and apply that to the estimated exit of the pennant and this is how the PT (price target) is found. Although being BTC and the volatility BTC creates, I expect more downwards pressure and a greater declining red flag pole than what I have shown.
Note
Price has flatlined straight down the middle it would seem. Note
Finally something happens...i guess I spoke to soon, lol Note
lol at these spikes .. 
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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.