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Mark_Robinson
Apr 22, 2020 7:43 AM

XBTUSD. Rising wedge Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

After bearish impulses on the 20th of April, BTC price got stuck on the range of $6800-$6900. From the first sight, a rising wedge is being formed (opend a long indide it).
In case of returning back to wedge the price may drop to its lower border and then to $6800 and below. However, if the price manages to cross $6960 level, the next target price is $7000 and above
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