BTC has a double top and rising wedge playing out - we've confirmed the rising wedge breakout but still waiting on the double top. We also have the MACD rolling over as confirmation of a change in trend. Then there's a rising wedge on the RSI that we've broken out of. I expect BTC to settle somewhere around 45k. Also - because the RSI has a falling wedge still in play from the last rally and we've not reached the target of that yet, the rally should continue after this brief correction.
Trade closed: target reached:
all targets reached - even went down further to hit lower targets of the wedge that I discounted as unlikely.