BITCOIN

By ArShevelev

Updated

BTCUSD BTCUSDT
Rising + Falling wedge patterns
Fibonacci

Note

Meet resistance line

Note

Near resistance line of Rising Wedge (blue lines)
We have here combination of Rising Wedge and Falling wedge patterns, so if RIsing wedge will be broken, we can reach 5000 or even higher price

Trade active

bounce back

Trade active

Note

moved to resistance line

Trade active

We can see how price breakout resistance of Falling Wedge and moving to 4600-4800 price level. Than we can expect drop to 3800 price level, if the Rising Wedge will be broken down

Trade active

Note

Note

ArShevelev

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