We can expect a possible breakout of the third falling wedge since btc reach 20k.
It could be followed by a pullback on the red resistance which would form an inverted head and shoulder.
The first target of this pattern is 8560$. Second target is 10k$ The third target would be the top of the bearish channel initiated since december 17th . (12k$)
This post is for educational only, this is not a trading recommandation.
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.