CryptoIncTrading

BTC Second Scenario From A Bullish Prospective

KUCOIN:BTCUSDT   Bitcoin / Tether
Second scenario from a bullish prospective is that it has closed above the resistance trend line so could be a bullish signal of breakout of falling wedge with retest and would mean the high volume would continue and we would get a big bounce of this trend line, being the weekend, typically being not great for bullish runs with BTC but if so, this could be the reason.

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.