Bitcoin break out in the next few hours? Watch this pattern!

We can see a symmetrical triangle formed on BTC’s 1h chart. The price target is about $18900 for long and 16290 for short.

I may treat previous higher low and lower high as a support and resistance, be careful when breakout happens and come close to about $17960 for going long and $17413 for going short.

The volume is in a downtrend, further confirmed that a breakout will come soon.