Descending Triangle, Symmetrical, H&S?
Bitcoin didn't do anything crazy yesterday but it does look like it might be in a descending triangle. It's also possible to see a symmetrical triangle(weaker IMO). I've also seen a few ideas mentioning a H&S pattern and the triangle is the right shoulder.
Either way a close below the 16270 support would likely lead to further losses, well a close above the hypotenuse trend line should give further gains.
Either way a close below the 16270 support would likely lead to further losses, well a close above the hypotenuse trend line should give further gains.
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