Bitcoin / TetherUSShort
BTC Breaking Down
Daily head & shoulders forming, broken off from overall trend. Bitcoin is in a confirmed down trend channel with a series of lower highs and lower lows. On smaller time frames (4hour) BTC is coming to a decision on a bearish defending triangle.
If the neck line of the head shoulders pattern is broken and a candle closes, this with the descending triangle could see price drop to next large support.
If the neck line of the head shoulders pattern is broken and a candle closes, this with the descending triangle could see price drop to next large support.
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