@lindiwezulu76 on BTCUSD | PriceONN Community

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lindiwezulu76
lindiwezulu76 PRO newbie
BTCUSD Mar 24
Watching this descending triangle pattern forming on the H4. Price action consolidating after the dip, RSI is hovering around 42. Waiting for a clear break either way to confirm the next move.
BTCUSD

Replies (1)

lindiwezulu76
lindiwezulu76 PRO newbie Mar 24
Actually, the volume has been pretty low during this consolidation. If we see a breakout on high volume, especially to the downside, that could be a strong signal for smart money to step in and push it further. Need to keep an eye on that.
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