bullish pennant pattern always work for like 70% of the time most of the traders exhaust their trade in those period of moment when it is falling and sudden built up it long form big candles coming weeks will show this.
As per weekly chart , bitcoin makes Head and Shoulder pattern and its takes support and Ready to breakout ,
lets see what happen within 15 days we know full picture
Buy - above 51500
SL - 46676
target - 60000
Its a eductional video so try on your risk and comment if u agree and share what u think about that idea ???
Your opinion is also helpful for us .
Bitcoin Reject 2 Times on major Resistance of $11100 Level. Bitcoin might be $9700 in coming days. First Target is $10500 Second bearish target is $10100 and third bearish target is $9700.
Thanks & Regards