Observations:
Trendlines and Channels:
Price is trading within a descending wedge or falling channel, shown by the green lines. This pattern is generally considered bullish, with a potential breakout to the upside.
A previous rising channel (black lines) was broken to the downside, indicating the current bearish correction phase.
Key Levels:
The $85,000 level...
A breakdown of this symmetry triangle will pull btc back to 59800 areas while a break from the upside will lead us to another all time high of 82000. When we break we shall wait for a retest. Finally, a consolidation inside the angle will pump altcoins. #purechart #nohopium #qaniacrypto
