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PakRT
Dec 7, 2022 2:46 AM

Bitcoin rising wedge Short

Bitcoin all time history indexINDEX

Description

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
Comments
Tradersweekly
Thanks for the chart.
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