RARE / Bitcoin
Short
Updated

RareBtc trading opportunity

825
RAREBTC has been forming a bearish pennant structure on the chart, which is a continuation pattern that forms after a sharp drop in price. The pattern is formed by a series of lower highs and higher lows, and the price tends to trade within the pennant until a breakout occurs.

Currently the price already break down from the bearish pennant structure and expecting a retest of the support level before continuing its downward momentum. Our measured target for RAREBTC is shown on the chart.

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Trade active
Still in progress as expected

snapshot
Trade active
Trade active
Trade active
Still in progress as expected.

snapshot
Trade active
Trade closed: target reached
Perfect trade. Massive

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