BTC/USDT 1D. Falling wedge.
On 1D chart of BTC/USD pair we can see the falling wedge.
We broke out of this falling wedge and now testing it's upper edge from upside down.
Most likely this breakout was fake.
Our nearest objectives are the lower edge of the falling wedge, the same place the lower edge of the ascending channel is taking place.
The next support is sitting at EMA200, considering the false breakout it's about 25500$.
We broke out of this falling wedge and now testing it's upper edge from upside down.
Most likely this breakout was fake.
Our nearest objectives are the lower edge of the falling wedge, the same place the lower edge of the ascending channel is taking place.
The next support is sitting at EMA200, considering the false breakout it's about 25500$.
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Penafian
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