BTC Bullish! Falling Wedge Structure on 4hr Time Frame. - OhNo WTF Crypto

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BTC Bullish! Falling Wedge Structure on 4hr Time Frame.


#BTC_Update 4H

BTC is forming a falling wedge like structure in 4hr time frame which is generally a bullish pattern. Currently, it is rejecting from the upper trendline of the wedge. If BTC breaks out from this falling wedge then our next target is $21.5k and $22.8k levels. 

Support:- $19.5k/$19k
Resistance:- $20.6k/$21.5k/$22.8k

As of now wait for a clear break out is much better before taking any longs. We will keep updating you.


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