Urgent Warning for Bonk Bearish triangle. Retest!!!
Updated
Bearish Triangle pattern forming will retest the channel, if orange arrow breaks yellow support, it could get real ugly nasty! Best case: true double bottom! They wanna bring that RSI down on the daily. This is 45 here fyi.
Another angle. click the graph below. I posted this on crypto exchange a few hours ago, then I realized my audience is here. Nobody looks over there.
Bork out!
Another angle. click the graph below. I posted this on crypto exchange a few hours ago, then I realized my audience is here. Nobody looks over there.
Bork out!
Note
Not all is lost, stayed within parallel channel. Sudden but healthy correction came quicker than expected. The greed factor was getting too high. Everything is good! The longer the consolidation, the bigger the move up.
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