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ChrisZDC

BTC descending triangle on 4H (Bear) Potential 40-42K, or lower

Short
Bitcoin / Tether (KUCOIN:BTCUSDT)  
ChrisZDC  
KUCOIN:BTCUSDT   Bitcoin / Tether
Chart Patterns Triangle Trend Analysis Descending Triangle
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chartpattern triangle trendanalysis descendingtriangle
Hi, BTC has formed a descending triangle on 4 hr chart. there is support around 41K. my potential target is around 40-42K. If the support is not strong enough, it might drop even more. The crypto is all filled with FUD right now, especially at a time of debt ceiling and fed talk incoming soon. Not a financial advice.
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