BTCUSD rising wedge
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2H Chart
Rising wedge in formation, usually a bearish reversal pattern with volume decreasing as prices rise and the wedge evolves.
Major resistance :
- Around 10k2
- Around 12k4
Support zone :
- Around 9k (old neckline from inverse H&S pattern)
***Do not trade with my TA, It's not a recommendation to buy or sell.***
Rising wedge in formation, usually a bearish reversal pattern with volume decreasing as prices rise and the wedge evolves.
Major resistance :
- Around 10k2
- Around 12k4
Support zone :
- Around 9k (old neckline from inverse H&S pattern)
***Do not trade with my TA, It's not a recommendation to buy or sell.***
Nota
I didn't see them before but we have two triangles.We can expect a breakout with a possible throwback before reaching the resistance zone.
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Penafian
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