Possible ascending wedge forming BTCUSD
Climactic volume either indicates a trend reversal or a re-accumulation Range.
The intermediate trend is showing signs of exhaustion.
The supply line from the last correction comes in at 34k.
If the market reaches this level and under the 41K, id anticipate the final testing an " up thurst after distribution".
The 161.8 % is at 51K that's the golden ratio. This Price level could very well act as a barrier to reverse the trend!
The intermediate trend is showing signs of exhaustion.
The supply line from the last correction comes in at 34k.
If the market reaches this level and under the 41K, id anticipate the final testing an " up thurst after distribution".
The 161.8 % is at 51K that's the golden ratio. This Price level could very well act as a barrier to reverse the trend!
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