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What pattern is BTC forming?

samstonehill

Published: 13 Jan 2021 β€Ί Updated: 13 Jan 2021What pattern is BTC forming?

What pattern is BTC forming?

bearish pennant.png

Am curious to hear from other traders here what are your thoughts about the pattern we are looking at in this moment?

Screen Shot 20210113 at 05.49.16.png

Is this a bearish pennant?

Or is this perhaps a descending triangle?

decending triangle.png

I used to part of a trading group but I found them overwhelming.

Perhaps here in leofinance@leofinance land we already have a trading group of sorts?

UPDATE

We broke out to the top! So, I guess it was a descending triangle?

Screen Shot 20210113 at 08.32.42.png

Wait... unless we are just forming a bigger bearish pennant???

Screen Shot 20210113 at 10.26.27.png

Hmmm....

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