BTCUSD 1H Descendng Channel Formation?
Zooming into the 1 hour chart. If trend line 'A' isn't taken out with a nice impulse candle asap I believe this could be the start of a descending triangle pattern. This may further develope into a descending channel which I have picked out with white trend lines. I believe 40K is very much on the cards. I have called this short. I'm happy to commit until I see trend line 'A' pierced convincingly.
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