Quite an easy going one today. A clear symmetrical triangle formed, traditionally when bearish movement into these patterns then that movement is continued coming out of it. although there are currently a lot of metrics suggesting otherwise and a push up will happen coming out this time.
It looks like there should be a continued push to $34.6k where there will be a likely rejection back to $32k region which will be quite a critical point.
A breakdown then it could be big and $26k/$25k can get filled. Bounce up and break up on this pattern will very likely see $40k with continued movement in the longer term range
I am a little more bearish at the moment personally so think a breakdowm again is more likely
