BTCUSD Rising Wedge 1H

30. Sept. 2021

BTC is forming a potential rising wedge (Yellow lines) and if it plays out then the target would be $41500 approx.
Currently its facing resistance (Purple line of deseeding triangle).

30. Sept. 2021

Anmerkung

Price could not break through Purple line and it come down to test the support at the yellow rising line.

30. Sept. 2021

Anmerkung

Currently 20 EMA giving support

30. Sept. 2021

Anmerkung

Bears showing strength

30. Sept. 2021

Anmerkung

Price went through resistance (Purple line of triangle)

1. Okt. 2021

Trade wurde manuell geschlossen

Price getting support at 20 EMA therefore rising wedge channel get invalides.