BTC is forming a potential rising wedge (Yellow lines) and if it plays out then the target would be $41500 approx.
Currently its facing resistance (Purple line of deseeding triangle).
Currently its facing resistance (Purple line of deseeding triangle).
Comment:
Price could not break through Purple line and it come down to test the support at the yellow rising line.
Comment:
Currently 20 EMA giving support
Comment:
Bears showing strength
Comment:
Price went through resistance (Purple line of triangle)
Trade closed manually:
Price getting support at 20 EMA therefore rising wedge channel get invalides.
