BTC1! Descending triangle

19 Tem 2021

Price action printing a bearish descending triangle in a downtrend and in a descending channel. Price action coming to the end of the triangle in a few days. Many gaps needs to be filled below. Reminiscent of February 2020.

26 Tem 2021

Not

Fakeout from the triangle breakdown followed by a breakout from the midchannel. Hit the the upper channel to a t. New gap formed. Remains to be seen if it will be filled and PA will seek lower liquidity