BTC 4Hr. Chart is looks like Falling Wedge Pattern ,
$6900 is a weak support, if the falling wedge forms succesfully , then price breaks the 6900 support to $6770.
6770 Is a strong support for reversal..
$6900 is a weak support, if the falling wedge forms succesfully , then price breaks the 6900 support to $6770.
6770 Is a strong support for reversal..
Note
price exactly follow the resistance trendline, if the falling wedge is form completely, then the price might be comes to 6770.
Note
Price break the resistance trendline of falling wedge
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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.