#BTC/USDT
BTC broke out from descending trend line and confirmed the support zone as resistance.
🐮 The next resistance zone is between $24100 and $24700, and if price going to complete AB=CD pattern it will increase more toward ascending trend line around $26700.
🐻 break down from support zone and descending trend line will invalid this scenario.
BTC broke out from descending trend line and confirmed the support zone as resistance.🐮 The next resistance zone is between $24100 and $24700, and if price going to complete AB=CD pattern it will increase more toward ascending trend line around $26700.
🐻 break down from support zone and descending trend line will invalid this scenario.
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#BTC/USDTBTC formed a rising wedge pattern and price is above lower line of wedge.🐮 so we can expect price head up to touch the upper line of wedge.
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Related publications
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.