After hitting the 3k target zone from the previous analysis, BTC price bounced sharply before consolidating a bit. A rising wedge pattern has formed on the upward movement, which signals a reversal. Look for a breakout downward and watch for fake-outs. Target should be around 3500 range.
...but what do I know, I'm just a space suit engineer, not a trader.
Good luck!
...but what do I know, I'm just a space suit engineer, not a trader.
Good luck!
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Dead on! Support provided at SMA50.