BitcoinShort
BTC potential bullish fakeout before continued down trend
BTC Price action on 4hourly has, as in many micro formations, created another bearish pennant.
Lower timeframes showing some bullish support and comparing formation with previous bearish pennants of similar size we price could have a bullish fakeout before continued down trend.
$5,600k is a price target I have been watching from several angles and given the bullish order block created in the bull run to 19k appears a logical point of support
Lower timeframes showing some bullish support and comparing formation with previous bearish pennants of similar size we price could have a bullish fakeout before continued down trend.
$5,600k is a price target I have been watching from several angles and given the bullish order block created in the bull run to 19k appears a logical point of support
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