Just a minor update for BTCUSD on the daily chart.
Put some simple horizontals and the descending triangle we are currently in. I could extend the triangle but IMO the consolidation area I started the upper resistance from is good enough lol. Thinking if we can break bullish from this pattern, we have a decent resistance at the red line, if passed then there are 2 volume nodes above that seemed to have held their significance so far.
The bearish break would see back down towards 26K region. Reasoning for this is the measured move although I don't think it will fall that far but the purple lines are major support we need to hold otherwise BTC goes down high teens.
(Personal opinion)
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Seems the red line is holding as resistance early on Sunday, CME open tonight and they closed bullish on Friday. Market has seemed super bullish over the weekend although I do expect a gap, I think it will get filled early next week