Chart Posted 8-18-2021 as of 10:19pm - Well from the correct call - the broad top played out to downward action. Not sure how long this is slow and weak downard action will last.. It doesnt seem to have a lotof steam- but prices are lower. I was 50/50 on the reversal call, but my original downside call held true. Here the downard pennant is showing the Right Angled Ascending formation which combined- both should signal bearish price action- but for how long?? I have a tentative mark.. 1 wait for price action to fall- if it settles this could be important for analysis. We shall see.. but just a quick chart to monitor the BTCUSD price action.
Moorsc0de aka Crypt0nomics aka Zaphkiel
