Hi Traders,
We're finally back with another BTC update! So we finally saw the short that we predicted over the weekend just gone. Currently seeing price compressing and testing the bottom of pennant. If the top horizontal resistance level holds and fails to be broken then we may see continuation of the short. However, selling power can bet seen to be fading out so this could very well also be the bottom. We will have to see a push higher and out of the pennant to the upside for confirmation that prices want to go higher.
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Thanks
The Market Sniper Team
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