Wedge breakout + 50 MA support, I'm familiar with this script, hope it's not a false breakout

View Original
CryptoRevolutionMaster
#BTC/USDT ANALYSIS

Bitcoin is still holding above the wedge resistance trendline, while the 50MA continues to act as a support showing underlying strength. As long as price remains above the wedge, a bullish rally remains likely.

However, if this breakout turns out to be false, price could fall back inside the wedge and invalidate the bullish setup.

$BTC
repost-content-media
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin