December 19 BTC future trend forecast and opening recommendation

Welcome to my channel. There doesn't seem to be any sign of the little bull market I mentioned earlier in the article. The BTC remains in the shadow of its December 4 crash. We found that there is a descending triangle with an hourly cycle. Whenever the market reaches either side of the triangle, there are a lot of buy or sell orders, which makes the downward triangle more efficient. Here's a tip for opening positions: If you want to go short, wait for the below support to break through. Pay special attention to false breakouts, and don't follow the crowd panic selling or shorting, which is not a very wise move. You can wait for the low volume of the market to return to the previous support line before short, take porfit at around 48000, stop the position at around 41000. Another situation is that there is no breakthrough down, the market rally broke the triangle, then I expect the market will continue to move sideways, we should not take any positions, waiting for the market trend clear before action.

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Be responsible for profits and losses.This view is for reference only.