This chart shows BTC forming a falling wedge pattern, which is bullish. The price is near the support level and may break out soon. The EMA Ribbon acts as resistance, but a breakout above could push BTC higher. The RSI is recovering from oversold levels, indicating potential buying momentum. The breakout target is around 92,000 USDT, an 8.30% increase. Volume is rising, which may confirm the breakout. If BTC moves above the upper trendline, the market will turn bullish. Traders are waiting for confirmation before entering long positions.
Trade Details:
Entry: Around 85K( Join my Binance live for premium crypto signals )
TP: 92K SL: hold
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