BTCUSD Looks like every single shitcoin is gonna get their own ETF soon. BITCOIN outflows will be the Grayscale of crypto. The crypto community shot itself in the foot by voting for the crypto president. You just went from a limited supply of 21 million Bitcoin to a limitless supply of shit tokens! 😆😆😆 MSTRLTCUSDTRUMPUSD
Formation: The symmetrical triangle indicates decreasing volatility and an impending breakout. A break above the upper trendline could signal renewed momentum toward higher levels within the ascending channel.
Support and Resistance Levels: Key Resistance: The upper boundary of the triangle near current levels, with an extension toward 1.27T in play after confirmation. Support Zones: The lower boundary of the triangle and the channel provide critical safety levels near 1.06T and below.
Volume Decline: Volume is declining during consolidation, which is typical before significant breakouts. A volume surge will confirm the next move.
Bullish Case 📈: A breakout above the triangle signals continuation to test 1.27T, with the ascending channel guiding the move. Broader market sentiment supports altcoin dominance, aligning with the bullish setup.
Bearish Case 📉: A breakdown from the triangle and the ascending channel could lead to a retest of lower support near 950B-1T, invalidating the bullish structure.
Conclusion: TOTAL3 is positioned for a critical move. Will the Head & Shoulders pattern play out for a bullish continuation, or will the triangle break to the downside? Watch for volume confirmation and be prepared for the next big move!