BTC looks to be breaking out to the downside of this descending triangle. 1D close below the triangle should point this towards retest of the bottom of this channel for a short trade w/ target of ~28k, and potentially long entry to come back to retest 32.2. My potential trade idea of buying the bounce of the bottom of the channel with a retest target of ~32k for 14% return before further downward pressure as indicated by Ichimoku indicator. I will use trade discipline with a somewhat tight stop loss as breaking the channel to the downside will most likely signifiy further downward movement.
***THIS IS NOT FINANCIAL ADVICE***
***THIS IS NOT FINANCIAL ADVICE***