SixtusGlobal

BTC is short term bearish

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello everyone.

Here is my analysis on BTCUSD.

BTC is currently bearish on a short term basis.

BTC has been trading below the major ascending trend support line - this line has currently turned to a resistant line.

Volume is relatively low now compared to before.

BTC is now trading in a new broadening wedge, a retest at $28k is imminent if this wedge is broken to the downside.

Trade safe!.

SixtusGlobal

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