ScotianBot

Descending Triangle for BTC?!?!

COINBASE:BTCUSD   Bitcoin
Or, potentially this pattern plays out bullishly, there's been a bullish cross on the KST, and whales like to negate patterns frequently with fake-outs in either direction before defining a shift in momentum.

The RSI is forming what could be considered a bullish pennant pattern, recently there's been a series of higher lows, but on the contrary, there have been a series of lower highs for nearly a week coinciding with Bitcoin's ATH's in price.

On the KST there's been a bullish cross where I have placed the blue downward-sloping finger.

Penafian

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