BTC/USD (Bullish or Bearish Small Triangle?)

💎Technical Analysis Summary💎



BITSTAMP: BTCUSD

-Temporary top is found for Bitcoin today around 23.3k dollars
-Also, local support is being established above 50ma in 1 hour time period
-Bitcoin might be forming a small triangle, potentially descending?
-The support area is only tested twice, will it bounce again for the 3rd test?
-Or it will finally break the trendline resistance above?
-We will see the answer within 24 hours
-So please be ready and follow your trading plan as always





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