descending triangle on 15min chart?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
68 4
looks like a descending triangle , and those tend to continue downwards in the end, unless it breaks ... staying on the sidelines for now ...
Doesn't really work on a 15m scale.
kumarz MoonTrader
i think it does: the triangle is clear even in 1hr charts. Anyhoo, lets see how this pans out: its been in too much of a zigzag to remain in a triangle for much longer. Looking bearish, which is a great opportunity for whales to manipulate it upwards
broke out of the triangle but went back down again: I think this triangle is still in play.
can't be a flag, its been going on for too long, and has retraced almost 50% of the rise.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out