Descending triangle formation on BTC
Bitcoin / TetherUS PERPETUAL FUTURES BINANCE:BTCUSDTPERP
Hi fellow traders,
There is a descending triangle formation on Bitcoin , this gives a good indication that we might be looking at a breakdown in the upcoming 2 months.
Support on higher timeframes seem to pick up around 25K , we could look at a free fall from 28K – 25K .
Happy trading ^^
