#BTCvsMarkets BTC/USDT 30Min Chart – Trade Setup Alert

Currently observing a Symmetrical Triangle formation on BTC’s 30-minute timeframe. Price is consolidating with lower highs and higher lows, signaling potential for a breakout move.

Key Highlights:

• Trend: Overall Downtrend intact (Level: 83187.5, Angle: 18°, Strength: 4.3/Strong).

• Symmetrical Triangle forming – typically a continuation pattern, but watch for breakout in either direction.

• Breakdown Zone: Triggered short setup near 82456.2, with immediate support at 81570.1.

• Upside Reversal Zone: A bullish breakout above the descending trendline could test 83187.5 and beyond.

• Stop-Loss: Proper SL above triangle resistance or below support depending on direction.

Multi-Timeframe Trend Summary:

• 50 Bars: -3° (Sideways)

• 100 Bars: -8° (Downtrend)

• 150 Bars: +3° (Sideways)

• 200 Bars: -6° (Sideways)

Potential Play:

• Watch for a break and retest setup—either breakdown below 81570 or breakout above 83187.

• Momentum from this triangle can fuel a $1000+ move, so risk management is key.

Symmetrical triangles like this are coil springs—stay sharp, breakout imminent $BTC