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Bit.Cash M30: Price exiting the triangle pattern may indicate the end of the uncertainty phase

Bit.Cash M30: Price exiting the triangle pattern may indicate the end of the uncertainty phase

The Bit.Cash chart indicates a likely price decline due to weakening upward momentum.
The formation of a symmetrical triangle on the chart indicates a phase of consolidation or uncertainty. A break through the lower leg of the triangle is a key signal of a potential downward movement.
In this situation, priority is given to short positions.
📌 Entry: 540.30
✔️ First target: 513.59
✔️ Second target: 500.24
❌ Stop order: 562.72

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