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#Bitcoin Rising Wedge

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Hi everyone,

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Looks like we are forming a rising wedge which is a bearish pattern. Target could be at $36,100 if we broke down the lower line of the wedge.

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Nota
Looking at the 4h chart. MACD and Stoch are ready to reverse

snapshot
Nota
snapshot

We broke down off the bottom line of the wedge, then tested it as resistance
Nota
Target reached

snapshot
Bitcoin (Cryptocurrency)BTCUSDChart PatternsTechnical IndicatorsRising Wedge

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