After the break out from H&S pattern, BTC is now forming this descending triangle in the 1hr chart.
If we break the downward resistance or top line of triangle we can see the price reach back up at the top of triangle or green line.
In case we get rejected at resistance we can see price test resistance at bottom of triangle, red line.
If we break the support of the triangle the measured move down is down to 35k or pink dotted line.
Possible good buying opportunities at support lines.
If we break the downward resistance or top line of triangle we can see the price reach back up at the top of triangle or green line.
In case we get rejected at resistance we can see price test resistance at bottom of triangle, red line.
If we break the support of the triangle the measured move down is down to 35k or pink dotted line.
Possible good buying opportunities at support lines.