Orca7

Orca7

BTC broke the down support of the rising wedge.. And it is trying to retest the trendline.. it is a successful retracement we can hope the price will drop to weekly fib retracement levels and can gain support from there. otherwise, it can lead to upwards without retesting the trendline .. in upper levels, there is the 4H supply zone which acts as a resistance.

Orca7

Comp performing an ascending triangle. If it broke and restest upper resistance we can hope for an uptrend otherwise a downtrend.

Orca7

If the upper trend line brake by a good volume the price action can be raised up so far. If it does not happen the upper trend line can act as a resistance and can lead to a price decrement of the crud oil! One week candles used for the analse! Cheers!! DYOR

Orca7

If the BNB price retests the broken trend line... It is better to start a short trade in the retesting area..! Need to confirm the retesting happend! Cheers!!