BYBIT:BTCUSD   Bitcoin / U.S. Dollar
In this descending triangle . Usually a bearish pattern .
The long wick is telling us the bears are strong and it pushed the price back in the triangle.
If we break the local support we can see a retest of the major support which is the bottom of the triangle.

28k and 24k are major support areas to watch if it breaks down of the triangle.


Good approach, I see it similarly.
+1 Reply
cryptojames VincePrince
@VincePrince, awesome, too bad the pump didn't hold.
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