Get started
Bitcoin

BTC Weekly Chart Update on 12/05/2023

By rukshan2102
Updated
Look at the falling wedge pattern in weekly time frame for BTC. Need to watch 200 WMA level to see, if that works as a strong support level. If weekly candles closing below 200MA, BTC will drop further.
Trade active
BTC still trading inside falling wedge.
Trade active
Weekly candle trying to break upper line. Let's wait till monday to see candle close.
bitcoinpricebitcoinpricetrendanalysisBTCUSDBTCUSDTChart Patterns
rukshan2102
Also on:

Related publications

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.