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INVESTRONE
Mar 20, 2023 4:19 PM

BITCOIN : Btc Rising Wedge pattern Short

Bitcoin / TetherUSBinance

Description

BINANCE:BTCUSDT


Bitcoin went up from 20k to 28k in few day's without proper correction

Now price seems overbought and it needs to cool down price action a bit

Price is trading in rising wedge , rising wedge is bearish reversal pattern

Price after breakout can drop down to pivot level of 26k mark

50 ema will also join pivot point after 12-16 hour's

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