g0nzo

BTC breakdown from descending triangle 1d time frame

Short
g0nzo Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
we are at the very moment falling out of this descending triangle we have been forming on the daily timeframe using the top of the descending channel as the upper resistance. hold on tight ladies and gentlemen this could get smugly real fast. ill post a zoomed out picture so you can see the significance of the white and yellow macro trend lines ive drawn. godspeed everyone HODL AND SHORT
Comment:
looks like the bulls are stepping in to defend these levels! maybe due to the Dorsey/Musk meeting later? i moved my stop to just below break even so got stopped out at 2% profits LOL. waiting to see what happens with volume in the coming hours
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