BTCUSDT: RISING WEDGE, GOING BEARISH TO UNDER 27800 again?
Hello Fellow Bitcoin Investor/Trader, Here's a Technical outlook of BTCUSDT!
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BTCUSDT has broken out of the rising wedge pattern. The breakout accompanies by increasing volume which indicates a potential bearish bias ahead. Furthermore, The MACD indicator created a death cross, which confirmed a potential downside momentum to the target area.
The roadmap will be invalid after reaching the target/ resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to buy or sell the cryptocurrency"
Support our content by smashing the like and follow button, you also can share your opinion on the comment section below.
BTCUSDT has broken out of the rising wedge pattern. The breakout accompanies by increasing volume which indicates a potential bearish bias ahead. Furthermore, The MACD indicator created a death cross, which confirmed a potential downside momentum to the target area.
The roadmap will be invalid after reaching the target/ resistance area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to buy or sell the cryptocurrency"
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