financialfreedomgoals101

BTCUSDT: Breakout Rising Wedge, Bearish Continuation to $15031?

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello Fellow Bitcoin Investor/Trader, Here's a Technical outlook of BTCUSDT!

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BTCUSDT has impulsively broken out of a rising wedge pattern with a marubozu candlestick. The Stochastic indicator made a death cross, indicating potential bearish movement ahead.

All explanations are presented on the chart.

The roadmap will be invalid after reaching the target/ resistance area.

"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the cryptocurrency"
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