Bitcoin Falling Wedge & RD+
Updated
Bitcoin has been seeing some strong declines over the past week. During this time, a classic falling wedge has been formed. Falling wedges are bullish patterns.
This is therefore a bullish potential trade on BTC .
There is also a divergence in RSI (RD+), which is another sign of an uptrend
On the chart I’ve marked two potential areas of resistance, r1 & r2.
Do your own due diligence.
This is therefore a bullish potential trade on BTC .
There is also a divergence in RSI (RD+), which is another sign of an uptrend
On the chart I’ve marked two potential areas of resistance, r1 & r2.
Do your own due diligence.
Note
Confirmed
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