BTC now out of its descending wedge
After two weeks, BTC is now out of the wedge it had formed and its price target is 52959.98 on Binance. If you zoom out on daily timeframe, BTC has been above of it's 8 EMA. If it stays above today and tomorrow this might indicate that crypto market sentiment has now change.
Disclaimer
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.