BTCUSDT: Breakout Rising Wedge, Bearish Continuation to $15031?
Updated
Hello Fellow Bitcoin Investor/Trader, Here's a Technical outlook of BTCUSDT!
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BTCUSDT has impulsively broken out of a rising wedge pattern with a marubozu candlestick. The Stochastic indicator made a death cross, indicating potential bearish movement ahead.
All explanations are presented on the chart.
The roadmap will be invalid after reaching the target/ resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
Support our content by smashing the like and follow button, you also can share your opinion in the comment section below.
BTCUSDT has impulsively broken out of a rising wedge pattern with a marubozu candlestick. The Stochastic indicator made a death cross, indicating potential bearish movement ahead.
All explanations are presented on the chart.
The roadmap will be invalid after reaching the target/ resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
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