Bit.Cash M15: The Bit.Cash price has formed a downward pattern
The balance of power in Bit.Cash is gradually changing, as the upward impulse is fading.
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, it is worth considering short positions to trade Bit.Cash.
📌 Entry: 590.40
✔️ First target: 582.00
✔️ Second target: 577.79
❌ Stop order: 596.99
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