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Bitcoin | Falling Wedge Formation in 1D Chart..!!
Bitcoin
Long
Bitcoin | Falling Wedge Formation in 1D Chart..!!
By Faibik
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Jun 28, 2021
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Jun 28, 2021
#BTC (Update)
In daily timeframe Chart, Bitcoin is Forming
Falling Wedge
Pattern..!!
RSI Indicator is Printing Classical
Bullish Divergence
..
At the Moment, Bulls testing the Resistance 35k, If resistance got Cleared, Expecting Huge Bullish Wave towards the 48k in Coming Days.
In case of Rejection, Bitcoin Might Retest the 30k Area (Lower Low), If Daily Candle Closed Below the 29k, then Falling Wedge Pattern Will be invalid.
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Bitcoin (Cryptocurrency)
BTC
BTCUSD
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Support and Resistance
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Wedge
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