BTC1! is in falling wedge at falling channel support after printing a diamond pattern on the CCI. RSI in a descending channel and bouncing of support.
Breakout of the falling wedge has a measured move of 39.8k which will close the two gaps at 28.8k and 35.6k.
Breakout of the falling wedge has a measured move of 39.8k which will close the two gaps at 28.8k and 35.6k.
Note
Broke out of the falling wedge with perfect retest and bounce. Most likely will close the gaps above.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.