Hello traders,
As BTC still managed to trade inside a rising wedge pattern between a range of 18.4k to 20.6k.
If we consider the shorter frame BTC just rejected from the upper resistance level which is mentioned in the chart and currently lists moving down again to its lower support zone of 19k, it needs to hold this level and again above otherwise break below will lead BTC again towards the lower support rage of 18.4k level.
Let’s see how the price performs in the upcoming hours.
Do your own research before any trade and hit the like button if you find this analysis helpful.
This is not financial advice.
Thank you.