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Rising Wedge - BTC

Bitcoin (BINANCE:BTCUSD)  
OK_Rane  
BINANCE:BTCUSD   Bitcoin
Chart Patterns Trend Analysis Technical Indicators btcusdanalysis btctrade btctrend Rising Wedge btctrading btctechnicalanalysis momentumstrategy
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chartpattern trendanalysis indicator btcusdanalysis btctrade btctrend risingwedge btctrading btctechnicalanalysis momentumstrategy
1. Rising Wedge - Continuation Pattern, consider as bearish, often perish to breakdown, usually forms over 3-6 months.

2. No sign of Divergence, trend is bullish

3. Strong Momentum

4. Lack of Volume

What could happen?

Pullback towards 30K or Sideways movement

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