BTC / USDT
Bitcoin still moving in ascending wedge since late july (more than 1 month until now in this pattern)
📌What are next scenarios ?
1- If the lower trendline of this pattern hold we can see direct pump to 51k-53k before correction
2- If price breakdown and closed below, we can test next support levels :
1st support around 45k-44k (local support)
2nd support around 42k-40k (strong support)
Always be reactive not predictive
Best of wishes
Bitcoin still moving in ascending wedge since late july (more than 1 month until now in this pattern)
📌What are next scenarios ?
1- If the lower trendline of this pattern hold we can see direct pump to 51k-53k before correction
2- If price breakdown and closed below, we can test next support levels :
1st support around 45k-44k (local support)
2nd support around 42k-40k (strong support)
Always be reactive not predictive
Best of wishes
Read full analysis here 👇