BTCUSD rising wedge

2H Chart

Rising wedge in formation, usually a bearish reversal pattern with volume decreasing as prices rise and the wedge evolves.

Major resistance :

- Around 10k2
- Around 12k4

Support zone :

- Around 9k (old neckline from inverse H&S pattern)

***Do not trade with my TA, It's not a recommendation to buy or sell.***

Commentaire:

I didn't see them before but we have two triangles.

We can expect a breakout with a possible throwback before reaching the resistance zone.

Trade fermée manuellement