garovov

BTC - FALLING WEDGE and Parallel Channel

Largo
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC now has formed Falling Wedge pattern as well as Parallel Channel in which there are some false breakouts.

In the near term if the falling wedge pattern is broken to upside, 42k is expected. There is a resistance at 42k, if the moment is high, we can expect 46k.

There is also probability of testing 35-36k, which is low probability, as political tension between Ukraine and Russia going up, this will result reddish charts even to 30-31 support level.

What's your ideas? Please comment..
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