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WgrCryptoGuy
Feb 28, 2021 1:41 PM

Falling wedge pattern 

Bitcoin / TetherUSBinance

Description

We are seeing falling wedge pattern.
At this moment BTC is in bearish scenario (doing lower low + lower high).

To turn bullish in short term, we need 2 things:
1) Break up the falling wedge, with explosive buy pressure;
2) Break RSI above 55 level.

It's a risky time to do any trade.
We need to see the next moves.

Comment

Bitcoin broke the falling wedge!
Comments
domein30
Good catch. I'm waiting for 41.5k :)
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