ðBTC: Lets See How This Falling Wedge Will Work??
āļāļĩāđāļāļąāļāđāļāļ:
Hello Dear Traders,
As u can see on Chart , btc is trading in falling channel. Upper and lower trendlines are giving support and resistance. again btc is approaching for upper trendline now we have to see this time how btc will react once it tests trendline. if btc breaks frm trendline then we can easily see 62k, bt if trendline gives major resistance then again we will test 55k.
On daily timeframe btc and most alts are became bearish and its slightly indicating start of crypto market correction.
As u can see on Chart , btc is trading in falling channel. Upper and lower trendlines are giving support and resistance. again btc is approaching for upper trendline now we have to see this time how btc will react once it tests trendline. if btc breaks frm trendline then we can easily see 62k, bt if trendline gives major resistance then again we will test 55k.
On daily timeframe btc and most alts are became bearish and its slightly indicating start of crypto market correction.
āļāļąāļāļāļķāļ
as expected breakout happened
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