Has a higher probability of breaking up rather than down. If trading this idea its usually best to wait for confirmation (close) above or below the pattern to take a position. No targets provided. Do your own research.
Simple lines on a chart with a 200 EMA and a potentially bad fib.
Since December of 2017 BTC has been below this specific trend-line which has been broken. Every monthly close has been below this trend-line except for May.