🔥🔥 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐃𝐚𝐢𝐥𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 🔥🔥
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Bitcoin has bounced from the support trendline of the rising wedge pattern. Currently, it is being rejected by the resistance trendline of the pattern. The MACD crossover is poised to turn bearish.
A sustained breakdown of the rising wedge would confirm a bearish trend, whereas further consolidation within the triangle is also possible.
On the other hand, if it breaks above the pattern's resistance trendline, the pattern will be invalidated.
🔼 Data Credit - The Crypto Express
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