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PakRT

Bitcoin rising wedge

Short
Bitcoin (INDEX:BTCUSD)  
PakRT  
INDEX:BTCUSD   Bitcoin
Chart Patterns Wave Analysis Technical Indicators bitcoinforecast BTCUSD BTCUSDT btcusdtshort btcanalysis elliotwaveanalysis crypto Cryptocurrency btcusdtanalysis
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chartpattern waveanalysis indicator bitcoinforecast btcusd btcusdt btcusdtshort btcanalysis elliotwaveanalysis crypto cryptocurrency btcusdtanalysis
Hi traders this is my current view of btc, bitcoin was going up for 2 weeks and forming rising wedge pattern.

The latest swing downwards occurs with increasing volume and momentum divergence.

The green line 17841 & 16373 is weekly range of bitcoin options contract with weekly maturity date.

Resistance : 17200 ; 17577 ; 17841
Support : 16805 ; 16635 ; 16373
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