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Bitcoin / TetherUS
Short

Ascending Wedge Formation w/ Breakthrough of Support

142
We can see an ascending wedge which is a bearish formation, price broke through the bottom of the wedge, significant breakout to the downside is likely. Next level of support around 72k. bearish reversal Invalidated if price can break above the wedge.
Rawkz
Chart Patterns

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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.
Chart Patterns
Rawkz

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.