CobraVanguard

BTC/USD In Rising Wedge

FOREXCOM:BTCUSD   Bitcoin
In my previous analysis, I made a mistake, which I will correct in this analysis

Hi every one

chart is speaking it self!!
As you can see, Rising wedge is forming, which is not a good thing and could be a sign that the price is falling.
RSI also shows Bearish divergence well.
If the line above Rising wedge is breaks, it is as if rising wedge does not exist and the price continues to grow.

Support level : 16200 to 15900

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast

Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck.
Comment:
Rising wedge
Comment:
my previous analysis
Comment:
BTC/USD on the way to 20,000
Comment:
BTC/USD In Symmetrical Triangle!!
Comment:
BTC/USD In the rising wedge!!!

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