BTC primed to break $30K (symmetrical triangle)

28 May 2021

We are under the 200MA, 21EMA on the weekly and all indicators are bearish. On the shorter time frames, head and shoulders on 4 hour hit target exactly w/ rising wedge target still in play at 32K. All indicators are under the EMA's, so unless we see some major green candle stick over the weekend, I expect a break out of this triangle in the coming days.