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BTC Rising Wedge - We are not out of the Woods Yet

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BTC has just broken down from a rising wedge, signaling that we will likely have one more dump until we start trending up again. My support level is 38300, which is the 0.618 on teh daily time frame and also previous support.
micjmor69
Bitcoin (Cryptocurrency)bitcoinshortbtc38kbtcrisingwedgeBTCUSDBTCUSDTChart PatternsRising WedgeTrend AnalysisWedge

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Bitcoin (Cryptocurrency)bitcoinshortbtc38kbtcrisingwedgeBTCUSDBTCUSDTChart PatternsRising WedgeTrend AnalysisWedge
micjmor69

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.