As can be seen on my chart drawing, there is a perfect ascending wedge formed. Do not search for a perfect shape, but price movement is perfect for wedge.
Now, price sits at previous inverted head and shoulders pattern resistance. If it does not break downwards and bounces from here, BTC will move to 60k.
End of the wedge, price would be at 60k area and we will see if it breaks upwards or lower.
Now, price sits at previous inverted head and shoulders pattern resistance. If it does not break downwards and bounces from here, BTC will move to 60k.
End of the wedge, price would be at 60k area and we will see if it breaks upwards or lower.
Commentaire:
It looks like holdin strongi we are very likely going to BTC ATH and then make a new ATH, possibly targeting 70k.
Commentaire:
Wedge still holds as long as we do not go below 55-54k
Ordre annulé:
Probably will dump more.
