Bitcoin is in a descending triangle that is above a support level.
In general, the descending triangle indicates a future decrease. In this case we cannot rely on this pattern because if the market breaks it, it can change its trend due to the support level.
- If the market breaks the support level, then we sell.
- If the market breaks the descending triangle through the top, then we buy.
Good luck!
In general, the descending triangle indicates a future decrease. In this case we cannot rely on this pattern because if the market breaks it, it can change its trend due to the support level.
- If the market breaks the support level, then we sell.
- If the market breaks the descending triangle through the top, then we buy.
Good luck!