Bitcoin - Chart illusionary ~ Are you a bull or bear?

The entire cryptoverse is focused on the bullish 1h inverse head & shoulder pattern with a measured move target of $7620 at a time when longs are over leveraged at 83% vs to shorts at 17%. The key bull break pivot is $7400. I consider this a dynamic candle stick pattern with a 2h candle close “hidden” descending triangle (that no one is talking about) with a conservative measured move bear target at 7K psychological. This descending triangle is wicked off at $7250 with the relevant 30m 200 EMA acting as the descending trend line. A measured move bear break would put price 3% below support, breaking the pivot low, potentially flushing the bulls down the long squeeze toilet. These are the situations where a technical analyst’s resolve and confidence are truly tested. A spot where an opinion could cloud ones vision of the chart. I have made my position and trade game plan clear. What is your trade game plan?

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DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. The content is for educational purposes only. YOU are responsible for your own investment decisions.