Good Day my fellow traders! As you can see from the chart on the 6hr, BTCUSD is currently trading inside a Ascending Broadening Wedge. This is know to be a bearish pattern. Thus far, we have three touch points on the support trendline, falling below it will confirm breakout and give a target of $39600.
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
Trade closed: target reached