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BTCUSDT: RISING WEDGE, GOING BEARISH TO UNDER 27800 again?

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello Fellow Bitcoin Investor/Trader, Here's a Technical outlook of BTCUSDT!

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BTCUSDT has broken out of the rising wedge pattern. The breakout accompanies by increasing volume which indicates a potential bearish bias ahead. Furthermore, The MACD indicator created a death cross, which confirmed a potential downside momentum to the target area.

The roadmap will be invalid after reaching the target/ resistance area.

"Disclaimer: The outlook is only for educational purposes, not a recommendation to buy or sell the cryptocurrency"

Disclaimer

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