BTC/USDT (Bear Short-term Triangle?)

💎Technical Analysis Summary💎


BTC/USDT


-Today's update is looking at the 12h time period
-In terms of price action, this is technically bearish
-We can see a series of lower highs and flat areas of support
-The support becomes weaker the more it gets tested over time
-We saw what happened last January 5th, the price broke its support
-If this bearish triangle plays out, expect another downside move
-So please, be careful, always use a stop loss because a big move is getting ready





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