Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Descending Triangle BTC
Bitcoin
Descending Triangle BTC
By Just24Tyler
Follow
Follow
Jan 3, 2022
2
Cheer
Cheer
Jan 3, 2022
Descending Triangle BTC 1D:
Chart pattern forming Descending Triangle
- Volume Weakening
- MACD trend downwards
- RSI descending trend line, yet to retest support at 30
Breakout bearish will result in a retest major support at 4200
Breakout bullish could retest major resistance at 5200
Note: BTC.D is also at a major support at 40% which could trigger a sell off and gain more market dominance (see link for related idea)
Chart Patterns
Technical Indicators
rsidivergence
Technical Analysis
Trend Analysis
Just24Tyler
Follow
Also on:
Related publications
BTC.D
by Just24Tyler
Published
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.