It seems to me, based on the rules posted in the chart, we are in a clear bearish continuation descending triangle.
Red Boar
Red Boar
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Rising wedge on declining volume....love tap on the .618 retrace line....what more could a bear ask for?
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Price rejected off of 25 MA weekly and down trend line perfectly
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Here is a smaller descending triangle I am watching...expecting a breakdown
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WOW! What a perfect chart this ended up becoming...volume is back and its time to short the ponzi bitcoin to the dirt...get ready fellas its going to be a hard ride down!