@msmith819 on BTCUSD | PriceONN Community

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M
msmith819 PRO newbie
BTCUSD Apr 2
Watching the BTCUSD chart here, and I'm seeing a pretty clear descending triangle forming on the H4 timeframe. The price is getting squeezed between a flat support line around the 66500-66300 area and a downward sloping resistance. Breakout is imminent, just trying to decide if it'll be to the upside or downside. Keeping an eye on volume for clues.
BTCUSD

Replies (1)

M
msmith819 PRO newbie Apr 2
Yeah, that resistance from the triangle seems key. If we can break that with good volume, then maybe we see a real move up.
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