#BTC Rising Wedge
Updated
📊#BTC Rising Wedge ⚠️
🧠From a structural perspective, we are currently in the target area and stage resistance area of the bullish structure. The price has now reached the upper edge of the overlapping resistance area, and we need to be alert to the risk of a pullback.
➡️From a graphical perspective, we have formed a rising wedge in the resistance area, and we generally fall according to this model.
➡️In addition, I don’t think the $100,000 round number mark will be successfully broken through the first time.
⚠️If we eventually break through this resistance area and fall back to this area to stabilize again, then we can maintain a positive attitude. Of course, this requires more time and observation.
Let’s see 👀
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BTCUSDT.P
🧠From a structural perspective, we are currently in the target area and stage resistance area of the bullish structure. The price has now reached the upper edge of the overlapping resistance area, and we need to be alert to the risk of a pullback.
➡️From a graphical perspective, we have formed a rising wedge in the resistance area, and we generally fall according to this model.
➡️In addition, I don’t think the $100,000 round number mark will be successfully broken through the first time.
⚠️If we eventually break through this resistance area and fall back to this area to stabilize again, then we can maintain a positive attitude. Of course, this requires more time and observation.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BTCUSDT.P Trade active
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