There has been a heavy accumulation last couple of days. Only if BTC would stay relatively stable.
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Just realized this could also be a textbook Diamond Top, be careful. Hopefully symm triangle prevails.
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Exact same moves: www.investopedia.com...t/filters:no_upscale()/FX-DiamondBear2_r-5c0584a9c9e77c00010b1be5
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The chart that's displayed in here: www.investopedia.com...x/05/diamondbear.asp
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According to the Diamond Pattern, we have already broke down. That said, I would consider waiting for the violation of the symm triangle's bottom trendline.
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Battle going on at the apex.
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Triangle has won. This is a clear breakout and the trend is upwards.