#BTC Descending Triangle

279
📊#BTC Descending Triangle📉

🧠From a graphical perspective, we broke below the lower edge of the triangle, so we need to be wary of further declines.

➡️From a structural perspective, we broke below the support zone (84000-86000), so support turned into resistance. If the price returns to this area again, consider participating in some short trades.

Let's see👀

🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P
Trade closed: target reached
TP1 has been achieved
Note
TP2 has been achieved

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.