Rising Channel on BTC Chart can push price lower, back below 30k
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As I can see, now price trades inside rising wedge.
This is bearish pattern as you can known.
But the pattern, frankly speaking, is not quite clearly visible.
This is something similar to classic rising channel from books.
I think price still can sometime trades inside pattern.
But at the end I think price will go lower and exit downward from wedge.
First support level and target is level 28000$ and second support/target is around local low 25400$.
I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
As I can see, now price trades inside rising wedge.
This is bearish pattern as you can known.
But the pattern, frankly speaking, is not quite clearly visible.
This is something similar to classic rising channel from books.
I think price still can sometime trades inside pattern.
But at the end I think price will go lower and exit downward from wedge.
First support level and target is level 28000$ and second support/target is around local low 25400$.
I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.