Technical analysis by Maya_Clarkfx about Symbol BTC on 16 hour ago

Price is currently consolidating inside a symmetrical triangle, formed by a descending trendline resistance and an ascending trendline support. Multiple reactions at both trendlines confirm the structure and show decreasing volatility, indicating a potential breakout is approaching. Resistance trendline has been respected several times, rejecting bullish attempts. Support trendline continues to hold, preventing further downside for now. Price is trading near the apex, where momentum expansion is expected. Bullish scenario: A strong breakout and close above the upper trendline could trigger a continuation move toward the 88.5k–89k zone, aligning with prior resistance and liquidity above. Bearish scenario: A breakdown below the lower trendline would invalidate the structure and likely send price toward the 86.8k–87k support zone, where buyers may step in. Bias: Neutral → waiting for confirmation Strategy: Trade the breakout with volume confirmation, avoid entering inside the range. ⚠️ Always manage risk and wait for candle close confirmation.