BTC CME Futures Pennant Breakdown

٢٠ يناير ٢٠٢١

BTC will close the 12H candle below outside the pennant consolidation and the 21 EMA, indicating a potential breakout. Stochs, MACD, and RSI are pointing downward. RSI rejected from the bull control zone and into neutral zone. Target towards the 55EMA with confluence of measured move of the pennant.

٢١ يناير ٢٠٢١

ملاحظة

Target hit with a new lower low.

٢١ يناير ٢٠٢١

ملاحظة

Continuation towards 29k is in the cards.