BTC forming a rising wedge after downtrend. This is a continuation pattern that might lead to further decline up to 29k levels. Also bearish divergence (slight) being observed in 1h chart.
Note
BTC broke the pennant after showing divergence as predicted. Now its a matter of time only and 29k on its way.
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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.