BTC/USD In Rising Wedge
Updated
In my previous analysis, I made a mistake, which I will correct in this analysis
Hi every one
chart is speaking it self!!
As you can see, Rising wedge is forming, which is not a good thing and could be a sign that the price is falling.
RSI also shows Bearish divergence well.
If the line above Rising wedge is breaks, it is as if rising wedge does not exist and the price continues to grow.
Support level : 16200 to 15900
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck.
Hi every one
chart is speaking it self!!
As you can see, Rising wedge is forming, which is not a good thing and could be a sign that the price is falling.
RSI also shows Bearish divergence well.
If the line above Rising wedge is breaks, it is as if rising wedge does not exist and the price continues to grow.
Support level : 16200 to 15900
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast
Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck.
Note
Rising wedgeNote
my previous analysis
Note
BTC/USD on the way to 20,000
Note
BTC/USD In Symmetrical Triangle!!
Note
BTC/USD In the rising wedge!!!
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