Bitcoin / TetherShort
BTC/USDT 1H
The price has formed a downward trend line that has resistance. If the trend line is crossed, the probability of the price falling from the red static level is high. It is clear that we need to see what the price does with the trend line, if it breaks down from the fixed level, it forms the ab=cd pattern and its purpose is to record in the picture. And the trading volume pattern shows weakness. Please share your thoughts.
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Disclaimer
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.