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Bitcoin had a nice rally out of this wedge pattern. Now it’s come to a strong resistance (green line). This resistance has been strong since April 2022. Strong break above .382 ($23,045) can potentially target $25,400. Break below .236 ($21083) might open the door to $20,500 or below.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.
Bitcoin had a nice rally out of this wedge pattern. Now it’s come to a strong resistance (green line). This resistance has been strong since April 2022. Strong break above .382 ($23,045) can potentially target $25,400. Break below .236 ($21083) might open the door to $20,500 or below.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.