greengame

LARGE BTC/USD Pennant

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BITFINEX:BTCUSD   Bitcoin
What are your thoughts on a potential pennant on the BTC chart? The price action on the 15th and 16th seem to lend much more substance to this analysis.

I have drawn two potential lower lines of resistance. I would venture to guess that the line in pink is more accurate, but they both point to the same general trend.

Constructive criticism is always welcome!
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