Bitcoin (BTC/USD) Bear pennant 15 min
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Bear pennant: First target, then break-even
What this tells you
A sharp drop followed by a small converging triangle; a downside break usually continues the decline.
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Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| Pole base | Nov 02, 21:30 | 78,132.0 |
| Pole bottom | Nov 02, 23:45 | 77,153.0 |
| Bounce high | Nov 03, 00:00 | 77,581.0 |
| Confirmation | Nov 03, 01:30 | 77,042.4 |
Recently closed Bear pennant patterns: 13 in total, 8 reached the target first (62%), 5 were invalidated and 0 expired. Results by pattern →
Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.
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