A which is if it breaks upwards but if it breaks downwards.
It has bounced multiple times off the support into the resistance which makes me think it's more of a triangle here.
has been sloping downwards which is a normal sign, once we see some more buying we can expect a breakout.
still looks indecisive so not much we can read from that. The 1hr looks a bit better but still no confirmation to be seen yet.
If we see some green candles and it bounces from the resistance I wouldn't be surprised if it immediately broke out.
If you get in the trade now set some tight stops since BTC can still move the market.
Targets and possible resistances are on the fib.
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