BTC/USD (Bitcoin)
Forming Falling Wedge in Weekly Chart. (Bullish Pattern)
EMA30 is Acting as a Resistance & MA100 is the Strong Support ..(8550 is the Resistance & 7800 is the Support)
After Weekly Closing, BTC is Looking Bullish But Need to Break 8550 & 8800 Resistance Levels For WEDGE Breakout..
In Bearish Scenario, if BTCUSD has Failed to HOLD the 7800 Support then We Might See 7200 ..(Another Lower Low)
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The information given is never financial advice. Always do your own research.
Forming Falling Wedge in Weekly Chart. (Bullish Pattern)
EMA30 is Acting as a Resistance & MA100 is the Strong Support ..(8550 is the Resistance & 7800 is the Support)
After Weekly Closing, BTC is Looking Bullish But Need to Break 8550 & 8800 Resistance Levels For WEDGE Breakout..
In Bearish Scenario, if BTCUSD has Failed to HOLD the 7800 Support then We Might See 7200 ..(Another Lower Low)
Please, give us your opinion in the comments
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
Join Telegram Channel for more analysis - t.me/CryptoCove
The information given is never financial advice. Always do your own research.
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