📉 Channel Down pattern detected on BTCDOM/USDT (5m)

ChartScout just flagged a Channel Down setup on BTCDOM/USDT.

🔹 Confidence: 100.0
🔹 Valid Touches: R=6, S=6
🔹 Near Touches: 7
🔹 Status: FORMING

Price is moving inside a clear descending channel with repeated resistance and support tests. This is a clean setup to watch for continuation or breakout confirmation.

⚡ Detected by ChartScout
🌐 chartscout.io

DYOR.

#BTCDOM #ChannelDown #CryptoPatterns #ChartScout #TechnicalAnalysis