We can see a potential fallen wedge formation if BTC can't manage to breaks the resistance area between 9250-9334 region and possible this is just a fakeout or a bull trap. BTC will going down to support area to retest our lower trend line at 9043 region. Let's see if BTC will continue a downward channel with possible breakout of a fallen wedge pattern.
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.