Possible Descending Triangle Pattern

BTCUSDT

Good morning all,

As we can see here we're on a clear strong bearish trend on the 1HR chart on BTC/USD. When broken down to the 30 min chart we're able to see capture more details confirming the possibility of a breakout to the downside on the descending triangle that is still forming. I am closely watching which side it will break out to, either a short-term counter trend trade is possible here but I personally prefer to take a trade to the downside along with the trend to the next TP2 area that I have previously been anticipating from an earlier trade. Just my thoughts! Safe trading and keep those emotions in check!

Chris