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#BTW Converging triangle pattern, slightly bearish.
The swing highs and lows narrow toward each other in both directions, and volatility continues to compress. This is a typical accumulation structure—an imminent directional breakdown/break-through move may be on the way. The current price of 0.06 is right at the triangle’s end apex, and the chart-turning window is approaching.
After this long consolidation, the turning momentum will become extremely strong. If you’re unsure about the direction, you can wait until the direction is confirmed before entering.
Altcoins are extremely volatile—make sure you set a proper stop-loss. Before opening a position, think about what the maximum loss you can accept is; don’t just focus on how much you can make if you catch the move.
$BTW