BTC/USDT Binance 4h Chart Pattern Create Decending Triangle
You can clearly see the Lower Highs
Descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows.
Downtrend. Downtrend is consists of lower lows and lower high. It is also called as a lower top and lower bottom formation in technical analysis. When the stock is making lower highs & lower lows, it is considered to be in trading in a downtrend. Lower highs mean that previous peak is higher than the current peak.
You can clearly see the Lower Highs
Descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows.
Downtrend. Downtrend is consists of lower lows and lower high. It is also called as a lower top and lower bottom formation in technical analysis. When the stock is making lower highs & lower lows, it is considered to be in trading in a downtrend. Lower highs mean that previous peak is higher than the current peak.