BTC/USD in The Rising Wedge {-RD}

26 déc. 2020

Hi every one
Bitcoin / U.S. Dollar

chart is speaking it self!!

Seasons greetings!
as you can see in the BTC/USD chart the price has formed a rising wedge pattern!
if the falling wedge breaks we shall see a good amount of decrease in the price!
there is also a regular bearish divergence(-RD) which increase the chance that the price will decrease

Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck.

26 déc. 2020

Note

Previous analysis
BTC/USD in Rising Wedge {Hidden Divergence}