carltonzone

Possible BTC Drop Within the Next Day

COINBASE:BTCUSD   Bitcoin
Looks like a clear pennant formation. This would normally indicate a definite bullish breakout, but the stochastic is in the "overbought" zone. Plus the fact that this is a symmetric triangle. There's a 50/50 shot this will pop or tank. I'm betting it will tank. Do not make any buying or selling decision on this. I'm just reporting this flag as I just noticed it for the first time today, and I wanted to make note of it. Just a quick, short and dirty update. NOT financial advice!

Carlton Flowers
The CryptoPro

Penafian

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