BTCUSDT Daily Analysis => A decisive phase trend
BTCUSDTThe daily analysis shows that BTC is forming a bearish triangle trend.
Here, we would have two possibilities :
1) if the BTC prices breaks the triangle in a uptrend move, then we would have a retest stage and then it could continue the bullish trend (As shown in orange).
2) If the BTC breaks the triangle in a downtrend move, then it would retest the lastest resistance and then continue its bearish move. (As shown in black).
We're facing a decisive stage of BTC trend.
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.