The technical analysis show 2 possible scenarios and I think the price is going to drop to the area around 6k since most of the Head and Shoulder patterns were unsuccessful recently I think this one will be as well. I should mention that some times for rising wedge price breaks up and then drop but most of the times it directly dive down.
Trade active
It looks like we had a small right shoulder at the top of the wedge
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.