BITCOIN-RISING WEDGE FORMATION
BITCOIN
*The negative risk sentiment accelerates further selling of this pair
*Most of the cryptocurrencies followed the same suite
*5600 is the recent resistance zone which is also a 23.6 Fibonacci level
*The rising wedge pattern is forming will cause further falling
*We can open short positions at 5600 level
*Potential take profit will be 4780 level which is also a 78.6% Fibonacci level
*Stop lose may placed above 5800 level
*Leave your valuable comments below
*The negative risk sentiment accelerates further selling of this pair
*Most of the cryptocurrencies followed the same suite
*5600 is the recent resistance zone which is also a 23.6 Fibonacci level
*The rising wedge pattern is forming will cause further falling
*We can open short positions at 5600 level
*Potential take profit will be 4780 level which is also a 78.6% Fibonacci level
*Stop lose may placed above 5800 level
*Leave your valuable comments below
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