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Unable to break out of descending triangle, important resistance
BTCUSD
, D
BTCUSD: Unable to break out of descending triangle, important resistance
Updated 

My last idea, pretty much hit the nail on the head and unfortunately we are not out of the woods yet. We have taken some hard hits in the last few days and I it has been a bit oversold. I expect to see a slight recover up to 6700 before continuing the downtrend towards the resistance line at 5700. I'll update as we get closer to 5700. Be safe out there.

Critical BTCUSD 7250 point will determine Bear or Sideways
BTCUSD
, D
BTCUSD: Critical BTCUSD 7250 point will determine Bear or Sideways
Updated 

BTC is coming up to a very critical point in determining if we stay in the bear market or move on to sideways market. Descending triangle is very clear and has touch support and trend line multiple times. Descending triangle is one of the most reliable patterns in TA. If it is to break out of this pattern it has to be on this mini bull run. The major...

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