Currently having converging higher highs and higher lows on price-rising wedge. We had a rising wedge measured move lead into what could possibly now be a falling wedge on the smaller time frame. Upward target could be the upper line but $10,400 is the resistance. This pattern is most likely to have an ultimate conclusion of a break down to around $10,150.
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Wedge from 1H chart
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Let’s watch if price holds here !
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tradingview.com/chart/iEA37nGV/Bullish case for
BTC
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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.