BTCUSD Rising Wedge 1H

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BTC is forming a potential rising wedge (Yellow lines) and if it plays out then the target would be $41500 approx.
Currently its facing resistance (Purple line of deseeding triangle).

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ملاحظة

Price could not break through Purple line and it come down to test the support at the yellow rising line.

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ملاحظة

Currently 20 EMA giving support

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ملاحظة

Bears showing strength

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ملاحظة

Price went through resistance (Purple line of triangle)

١ أكتوبر ٢٠٢١

تم إغلاق الصفقة يدويًا

Price getting support at 20 EMA therefore rising wedge channel get invalides.