fluffystat

BTC wedge pattern- potential breakout over next few hours

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC price is settling into wedge, with swing high at upper 1900s and swing low at lower 1800s. I'm unsure if the direction of the breakout will be up or down, but price is moving within a smaller and smaller range; could indicate either exhaustion of sellers or exhaustion of buyers. Watching the chart for the next couple hours.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.