Expecting a drop to 18k if BTC falls out of the rising wedge .
One thing to be aware of is the shady double top move where BTC will recover upwards inside the rising wedge only to fall out of it .
if BTC currently falls out of the wedge id expect a head and shoulders similar to this with a move to 18k.
One thing to be aware of is the shady double top move where BTC will recover upwards inside the rising wedge only to fall out of it .
if BTC currently falls out of the wedge id expect a head and shoulders similar to this with a move to 18k.
Note
The bullish play would be a strong push up from the 22500 location and a move out of the range followed by a retest of the range top 
Note
interestingly a drop to 18k would then form a head and shoulders reversal back up 
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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.