aceofdiamonds

BTC Rising channel with broken descending triangle in support

This pattern looks like a rising channel, with a descending triangle that has broken into a major support level. Plenty of other indicators to look at, but this is just a weird convergence. Started looking at this at a more macro level after the bearish divergence flashed on the weekly and the bullish divergence on the daily didn't make. This may be over reading the charts. This one has a flash crash that was unique to Binance which is just an interesting level to watch as well separate from the triangle downside target.
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