mbn_global

💎BTC: Lets See How This Falling Wedge Will Work??

mbn_global Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello Dear Traders,
As u can see on Chart , btc is trading in falling channel. Upper and lower trendlines are giving support and resistance. again btc is approaching for upper trendline now we have to see this time how btc will react once it tests trendline. if btc breaks frm trendline then we can easily see 62k, bt if trendline gives major resistance then again we will test 55k.
On daily timeframe btc and most alts are became bearish and its slightly indicating start of crypto market correction.
Comment:
as expected breakout happened

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.