October 11, 2026

Descending triangle, Fib retracement support

Descending triangle, Fib retracement support

Descending triangle, Fib retracement support

Descending triangle, Fib retracement support

Bitcoin all time history index INDEX:BTCUSD
frenkees


Descending triangle, Fib retracement support

Fib retracement hold the price prety good, golden pocket allways save the price. Iam thinking if 4h candle or daily close under the golden packet, we can see price drop to lower level around 20 – 24k. Descending triangle also can be spotted on chart so there is another sign of possible down movement.

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