BTC has formed a rising wedge, which is crossing also a strong resistance line here. Taking into account that BTC is currently overbought I think will will test 7k and BTC will try to form there the right shoulder of an inverted head & shoulders pattern. If this pattern will be formed and broken, we can expect a bull run towards 10k. In case we get rejected from the resistance line we might do 1x more fall towards the 5,5k level.
***** This is not a trading advice. Please invest responsibly *****
***** This is not a trading advice. Please invest responsibly *****
Trade active
Trade closed manually
Trade active
Trade closed manually:
going long