BTCusdt — Descending Triangle. Preparing for a BTC Breakdown?

23 juil.

BTCUSDT chart (4H) shows a well-defined descending triangle.
Price is being compressed under a descending trendline, and volume is steadily declining — a typical signal of an upcoming strong move.

📉 Downside target: $106,100 – $101,700

🔺 Invalidation: breakout above $119,876

📊 Key levels:
Resistance: $117000 / $113,500
Support: $110,694 / $107,723 / $106,108 / $101,712

⚠️ Pay attention — breakout is likely soon.
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25 juil.

Transaction en cours

The triangle base retest on the BTCUSDT chart has taken place

Is it time to continue the decline in the price of BTC to the targets outlined in the idea?