I think the price will break down for several reasons:
has been decreasing throughout the pattern, which is common in descending . The is extremely small in the current , even though that is a one. This is a sign that suggests a lack of buying power.
The resistance line of the also coincides with the confluence of resistance levels, such as the 50-day MA and the 0.618 Fib level of the entire downward move.
This suggests that the price is likely to eventually break down from the and head towards the $5900 support.
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I don't think this is the correct pattern, even though it looks like a breakout and a test of the breakout level as support.
Since the ''breakout'' occurred four days ago, there has been virtually no movement, which is unusual considering the fact that the triangle has been in place for a relatively long period of time.
Also, volume has been minimal, highly unusual in continuation movements.