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Bitcoin / TetherUS

BTCUSDT MACRO TREND ANALYSIS

By muzamilj23
Updated
BTCUSDT MACRO
Rising Wedge inside a Descending Broadening Wedge.
PA within the given range.
Note
Blue trend line is v v imp. it was acting as a crucial support. now that support is broken and the BTC has been testing it as resistance ever since. breakout of this trendline with HTF S/R flip, then we talking bullish. otherwise, grey scenario still in play.
Note
No changes in plan even after 4 months. gave this plan in Aug. lol
Target 13k or lower. Macro decision still pending.
Chart PatternsTrend Analysis
muzamilj23

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