BTC is shaping a Rising Wedge at the moment and is very likely going to have to deal with two strong resistances forming a cross at 7378 and also the next resistance at 7440
Next target would be around 7150
Good Luck & be safe out there
Next target would be around 7150
Good Luck & be safe out there
Trade closed: stop reached
As we can see. the wedge is broken downward and at the moment we are seeing the price potentially fall to the previously mentioned target of 7150
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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.