Get started
Bitcoin / TetherUS
Short

BTC price is forming rising wedge pattern

By aliveToucan86640
The Bitcoin price is forming a rising wedge pattern in the 4-hour timeframe. Due to the momentary decrease in price, it is expected to remain in the correction phase. Therefore, by breaking the yellow trend line, a sell transaction can be made. The stop loss and possible targets are shown.
Chart Patterns
aliveToucan86640

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.