Axentrend

#BTC broke the falling wedge pattern to the upside,

BINANCE:BTCUSDT   Bitcoin / TetherUS
#BTC broke the falling wedge pattern to the upside, which was forming in 4H but ended up being broken below the major support zone. Daily candle gave a close below and showing heavily bearish momentum. Now it looks hard to reverse and expecting further drop in coming days. Weekly candle close in coming, so if it closes above the zone then it will considered as stop hunt.

By @CryptoAXEN
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.