Measurement's on this Pennant make BTC look awful!
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The measurement method from the two pennants we have drop us to 25.5k and 21.8k I'm expecting us to have strong buyers in these zones from 28.8K-29.3K, 27.8k-28.0k, 25.5k, 24.4k-23.8k Can set bids in these regions with tighter stops betting on good demand in these areas If not wait for the confirmation of the restest of that level, or likely as it will wick up quite quickly, enter on the successful restest of the next level up Pennant went real quick from looking like it was gonna be squeezed into a long into a confimed sell I'm sure everyones portfolios took a hit, but they are most likely higher than they were a few months ago if we have been taking partials Now it's about strategically re-entering and to fulfill risk management and build up those funds again We do have the possibility of a huge ball flag, but to complete this pattern it needs to drop to 25.5-24K region If it bounces earlier, still would make a macro bullish formation, unparrallel flag/wedge IMO 24.4k will be where we end up bouncing properly from...lets see where the buyers are!
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.