Golden Cross... Bearish expanding triangle....60k incoming...
It appears as though a bullish cross has happened on the DMI.
But on the same token, it appears as though BTC is trading in a bearish expanding triangle.
It will be interesting to see how well the resistance & support holds with increased volatility.
Bearishexpandingtriangle
CHFJPY Short likely• General movement of the market is bearish so bearish momentum likely to continue
• Price has formed an expanding triangle pattern on the daily chart (price has respected this line 2 times already so likely to respect it again and its on the daily chart which makes it very strong
• Price has also formed an ascending channel on the 1 hour chart which is an indicator of a reversal.