This is a bearish pattern. RSI bearish cross and MACD bearish cross makes the probability of breaking to the downside higher. If support is broken the price target for BTC is 18.9kBTCUSDT
Note
If we break the resistance to the upside this would act as a triple bottom pattern. BE CAREFUL!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.