BTC broke the down support of the rising wedge.. And it is trying to retest the trendline.. it is a successful retracement we can hope the price will drop to weekly fib retracement levels and can gain support from there. otherwise, it can lead to upwards without retesting the trendline .. in upper levels, there is the 4H supply zone which acts as a resistance.
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.