Bitcoin in a Falling wedge.
Updated
Same as Ethereum tradingview.com/chart/ETHUSD/DQKHRf0I-Ethereum-in-a-Falling-wedge/, Bitcoin has formed a falling wedge pattern with bias to break to the upside.
The strong 4h uptrend remains strong as the price continues to find resistance at 20 blue EMA.
A break of 20 EMA at 36800 will very likely push the price at least to 50 EMA at 40500.
The falling wedge is known as a trend changing pattern when it comes from a downward move.
Good luck!
The strong 4h uptrend remains strong as the price continues to find resistance at 20 blue EMA.
A break of 20 EMA at 36800 will very likely push the price at least to 50 EMA at 40500.
The falling wedge is known as a trend changing pattern when it comes from a downward move.
Good luck!
Trade closed: target reached
TP hit! Sold BTC at $39850. 
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