Btc Symmetrical triangle and Descending Broadening Wedge
Btc recently fell out of the symmetrical triangle but made its way back in to find resistance at the top of the triangle. If this plays out we have one more lower touch and off we go. I believe if we fall through we can see a quick leg down of the Descending Broadening Wedge is still in play. if that happens we should test 50k and if that doesn't hold then ultimately I see a bounce at our major support around 47k and to the moon we go.
Im Fairly New to TA so any suggestions or ideas would be appreciated thank you.
Im Fairly New to TA so any suggestions or ideas would be appreciated thank you.
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