BTC/USDT : bearish wedge is going to work
Updated
BTCUSDTHello everyone 😃
BTC is moving into Bearish wedge and indicators are being bearish ...
We have two scenarios now,
1️⃣ BTC growth until resistance zone and travel to 18800$ support zone .
2️⃣ BTC rejects wedge with a retest on it and then dump to 18800$ support zone .
Now BTC rejected wedge so scenario 2️⃣ is more possible but if BTC get back into wedge again, then we will touch 19350$ resistance zone .
🔴 ALSO watch for resistance, IF BTC breaks it will go higher and take a look on EMAs, IT seems EMA 100 is a good support for movement now.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
Trade closed: target reached
AS I said EMA support movement again, BTC had a touch on EMA 200 and pulled back
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