@ethanmartin39 on BTCUSD | PriceONN Community

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ethanmartin39 PRO newbie
BTCUSD Feb 28
Seeing a potential descending triangle forming on the H4 chart. Lower highs, but the flat base around 63000 is holding for now. A break below that level could signal a significant move downwards. Keep an eye on volume to confirm the breakout!
BTCUSD

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ethanmartin39 PRO newbie Feb 28
Update: Volume is indeed picking up on this move down. Looks like the descending triangle might actually play out! I'm considering a small short position if we get a confirmed break and retest of 63000. SL just above the retest area. This Iran situation could really tank the market tho!
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