$BTC Has Now Broken Through The Horizontal Resistance, Invalidating The Rising Wedge Pattern. Currently, A Retest Of The Horizontal Level Is In Progress. Once Successful, We Can Expect A Pump In BTC đ
Manage Your Risk Accordingly And Stay Alert For Potential Moves.
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Crypto Planet Calls
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Bearish
$BTC Breaking Out Of The Rising Wedge Pattern.
We Were Anticipating A Breakdown, As The Rising Wedge Is Generally A Bearish Pattern. However, BTC Has Broken Out, And We Could Be Seeing A Fakeout. Letâs Keep An Eye On What Happens Next.
Currently, BTC Has Reached A Horizontal Resistance Area. Long Positions Remain Risky As Long As BTC Stays Below This Resistance. If BTC Manages To Break Through This Horizontal Resistance, The Rising Wedge Pattern Will Be Invalidated.
Manage Your Risk Accordingly And Stay Alert For Potential Reversals Or Continuations.
We Were Anticipating A Breakdown, As The Rising Wedge Is Generally A Bearish Pattern. However, BTC Has Broken Out, And We Could Be Seeing A Fakeout. Letâs Keep An Eye On What Happens Next.
Currently, BTC Has Reached A Horizontal Resistance Area. Long Positions Remain Risky As Long As BTC Stays Below This Resistance. If BTC Manages To Break Through This Horizontal Resistance, The Rising Wedge Pattern Will Be Invalidated.
Manage Your Risk Accordingly And Stay Alert For Potential Reversals Or Continuations.
LIVE
Crypto Planet Calls
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$BTC Currently Trading In The Rising Wedge Pattern, Which Is A Bearish Pattern.