FXMandalorian

BITCOIN BEARISH RISING WEDGE

Short
FXMandalorian Updated   
BINANCE:BTCUSD   Bitcoin
A rising bearish wedge formation can be seen from bitcoins price movement. This suggest bullish trend exhaustion. Expect a bear movement from 25th April going into May and bullish from Mid May going into June. Rising wedges are one of the strongest price action pattern indicators. Bitcoin appears not to have enough buyers to push the price beyond 63k.
Trade closed: target reached:
Prediction was correct and on point
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.