There is a Falling Wedge formation on the 1 hour chart. If it breaks, it could bring the price of BTC above the 21K level.
There is also a potential double bottom, if this forms and plays out, then this could be a confirmation of the Falling Wedge. I'm curious how this will play out.
There is also a potential double bottom, if this forms and plays out, then this could be a confirmation of the Falling Wedge. I'm curious how this will play out.
Trade closed: target reached
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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.