cyatophilum

Rare price range narrowing before huge move

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
I think the next coming days will be decisive for the next huge move of Bitcoin.
The resistance, in white, is getting pretty close to the support, in red.
We could see this has a descending triangle which is a bearish pattern and has more probabilities to be followed by a drop.
There is still a chance of a resistance breakout for a bull run to happen.

If I were holding BTC I would wait patiently in a stable coin and see what happens.

Indicator used:

Always eager to hear about your strategy.

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