CHARTVIPER

BTCUSD is approaching a support line of a Descending Triangle. It has touched this line numerous times in the last 2 days.

A potential bearish movement on BTCUSD
BTCUSD was identified at around 101252.24 having recently rebounded of the resistance on the 15 Minutes data interval. Ultimately, the price action of the stock has formed a Descending Triangle pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 100347.7205 level.

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