BitcoinShort
BTC: Broken Rising Wedge
On a daily time frame BTC broke the rising wedge's support after bouncing back from 0.6 Fibo long-term channel's resistance and after failure to reach the wedge's resistance. Could fall to 0.5 Fibo support or in case of a further downward pressure to 0.38 FIbo channel's support.
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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.