We are currently in this symmetrical triangle, the price creates higher low => uptrend is intact. The red trend line can be very useful in the future, because you can sell/short when the time comes. Bottom trend line really should hold for smooth continuation of the trend to the upside. Else this symmetrical triangle can become an descending triangle, which is bearish.
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@robertthewise is it going to be bearish? since it’s out of the symmetric triangle at this point of time
Tolberti
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@Sricryptostart, Yes, its bearish, 18 000 next support, then, 16 666 and then apocalypse 11000 to 7000. I would sell below trend line and possible re-buy in the future, if upper trend line breaks.
Getin_Crypto
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Is'n head & shoulder?
Tolberti
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@Getin_Crypto, I don't think so, the head is almost the same as left shoulder. And the right shoulder is lower then left shoulder.