BTC/USD Short. The descending triangle
As happened with the ascendant, to be sure that it is a triangle there must be at least 4 points of contact, two minimums (of the same level) and two maximums (the second being smaller than the first). As in the previous case, the fact of having two minima at the same level makes one of the sides a straight line, resulting in a very clear and effective way to break a support.
As with the symmetrical triangle, the tends to increase significantly at the time of price breakage in a downward direction. This break usually occurs about 3/4 of the formation. Once the break has occurred, it will have the width of the triangle as its travel objective.
Good trading friends