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CryptoFallen

Decisions with a Descending Triangle

Bitcoin (COINBASE:BTCUSD)  
CryptoFallen  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Chart Patterns BTC BTCUSD Bitcoin (Cryptocurrency) bitcoinusd short Cryptocurrency crypto
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trendanalysis indicator chartpattern btc btcusd bitcoin bitcoinusd short cryptocurrency crypto
BTC/USD
Bullish Case
- MACD/Signal and Histogram reversing (Daily)
- Possible Bullish Divergence (Daily)

Key Support: $16k, $15.6k

Bearish Case
- Still within the descending triangle
- Has not made a new higher high yet
- Hidden Bearish Divergence (30min,1hr and Daily)

Key Resistance: $16.6k, $17.3k


Thoughts? I'm leaning slightly more bearish.
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