Pennant and next objective
Updated
A pennant formation has appeared and will probably break up within this month. The target price is around $1070, which is close to the last historical top. It coincides with the sum of the breakup price and the height of the the flagpole.
Note
Prediction failed. The wedge broke down helped by the news of a big theft in Bitfinex and the consequent lose of confidence. This changes everything. New analysis should be performed.
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