BTC is forming a falling wedge-like structure in 4hr time frame which is generally a bullish pattern. Currently, it is rejecting from the upper trendline of the wedge. If BTC breaks out from this falling wedge then our next target is $21.5k and $22.8k levels.
Support:- $19.5k/$19k
Resistance:- $20.6k/$21.5k/$22.8k
We should wait for a clear break out before taking any longs. We will keep updating you.
Support:- $19.5k/$19k
Resistance:- $20.6k/$21.5k/$22.8k
We should wait for a clear break out before taking any longs. We will keep updating you.