BTC# 52 -- 01/26/2021 Rising Wedge breaks out to the downside?!

Hello Together,

Attached as always is my update on the current BTC price.

We formed a big rising wedge yesterday. This was very well visible on the 1h and 4h chart. This has broken out to the downside at the moment and we have opened a short trade. This has good potential to go to about $ 30,000. Here I will realize first profits.

Keep an eye on the support of our big descanding triangle! If this breaks, it is quite possible that we fall to our major support area at around $23,000.

Be sure to check out my signature for more info!!! It would be a shame if you miss out!

Stay healthy!

Your Schueco

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