BTCUSDT Rising Wedge
Actualizado
BTCUST moving accordingly to Rising Wedge but Yellow horizontal line working as Resistance and Red horizontal , White and Orange dashed Ascending line as Support.
This is just Short Term scalping.
If supports break then Price would be around 31.15k
This is just Short Term scalping.
If supports break then Price would be around 31.15k
Nota
There is a Inverse H&S Pattern which I didn't mentioned.That could playout if BTCUSDT breaks above Yellow horizontal line but this scenario needs Volume.
Nota
currently 100 EMA working as supportNota
Bulls showing StrengthNota
Fights going on B/T Bulls and BearsNota
Bears pushing the Price down.. but Bulls also trying to push up the Price. 100 EMA was working as a Support and right now Dashed Orange Ascending line also Supporting the PriceNota
Looks like Bears taking control.20 EMA needs to work as Support.
Nota
All Supports just got Penetrated.Nota
Maybe Shooting Star Pattern is playing out.Nota
Price could Wick down to approx. $32763.That could be Fake out.
Nota
Bears taking it seriously but slowly , Candles making Lower High.Nota
I'm Ending this Scalping show.
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