NajjarTrading

BTC DESCENDING TRIANGLE: ENTRY + TARGETS

POLONIEX:BTCUSDT   Bitcoin / Tether USD
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BTC formed a descending triangle, we have two scenarios ahead of us:
1- We break and close below 35k, we go to our targets:
33k
30k
28k
ENTRY: retest of 35k

2- We break from above with a break above 38k, we go to:
40k
42k
44k
45k
ENTRY: Trend retest



NOTE: Usually this pattern breaks to the downside, however, in crypto it tends to break to the upside (if you think we are still in a bull run)

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What do you think?

Good luck traders,

Not financial advice
Manage risk and leverage
DYOR


NajjarTrading
Trading ditutup: target tercapai:
33k hit
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