BTC going for a down trend
BTC/1H - still in the rising broadening wedge with white up trend line as resistant and pink up trend line as support
We had some move through the weekends which was totally expected and now btc about to make new extreme to the down side after trapping more longers
if we lose the dotted yellow line ~22519 we could wick down to 21600 and after a retest there continuation to ~20795 or lower.
If you look at 4H zoomed-out ,u see we really didnt have a proper pull back which tells me something is Fishy about this pump.
#BTC #crypto #technical_analysis
We had some move through the weekends which was totally expected and now btc about to make new extreme to the down side after trapping more longers
if we lose the dotted yellow line ~22519 we could wick down to 21600 and after a retest there continuation to ~20795 or lower.
If you look at 4H zoomed-out ,u see we really didnt have a proper pull back which tells me something is Fishy about this pump.
#BTC #crypto #technical_analysis
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