theprotocal

BTC Descending Triangle

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC is almost out of space for the descending triangle.

Recently, BTC has earned a nickname as a stable coin (LMAO).
Which I can't disagree on because it was stuck in this range for days.

Based on Stoch, RSI looks there's a possibility for BTC to dip under sub 9k and the MACD is looking to turn red.

We can expect a large sell off volume in the coming days or weeks before the actual bull run.

I am still waiting on stimulus news and etc because BTC is heavily manipulated.


Please like and follow!

I'll try to post more frequently.

(I wish I could update with pictures but I don't have access to it.)
\(<.<)/

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.