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BTCUSDT Rising Wedge
Bitcoin / TetherUS
Short
BTCUSDT Rising Wedge
By jamey5k
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Feb 3, 2021
2
Feb 3, 2021
It looks like there is a rising wedge forming on the 1 hour. MACD may be getting ready to cross over.
This is theoretically a bearish sign, but in the recent past, BTCUSDT exploded upward after the rising wedge, so beware.
My current sentiment is that a correctio is needed and we will turn downward.
Trend Analysis
jamey5k
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