BitcoinLong
15 min BTC USD-bullish before bearish
15 min BTC USD
Overall bias is still bearish
Current price is creating LH inside a falling wedge. Price may continue to go bearish breaking out of the wedge. if it happens, it is on its way to retest the neckline area to its left. That area had a history of bullish OB which means it may act as support before price pushes up. Price may get stopped before reaching 19080 due to previous bearish OB and wick rejections from a couple hours ago.
Overall bias is still bearish
Current price is creating LH inside a falling wedge. Price may continue to go bearish breaking out of the wedge. if it happens, it is on its way to retest the neckline area to its left. That area had a history of bullish OB which means it may act as support before price pushes up. Price may get stopped before reaching 19080 due to previous bearish OB and wick rejections from a couple hours ago.
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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.