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nagihatoum
Sep 23, 2022 12:56 AM

BTC falling widening wedge and reversal  Long

Bitcoin / U.S. dollarBitstamp

Description

BTC price has been in a range since mid August. BTC attempted to breakout early September but failed. Currently BTC printed a falling widening wedge and a diamond reversal both patterns are bullish reversal patterns. Breakouts will drive price to the measured moves of the patterns at around 21.5k.

The RSI is an upward trend after breaking out from a descending trendline and retesting it.
Comments
SwallowPremium
Thank you so much for posting! Keep it up!!
CryptoWhale100Billion
nice chart but have way to many lines
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