Hello, everyone!
Many traders see the very dangerous situation on the Bitcoin price chart. The current situation looks like the descending triangle which was formed at the $45500 and was broken down. The current lower highs lower lows price action looks very dangerous but it is forming the falling narrowing wedge which in combination with RSI bullish divergence have the high probability to be broken to the upside.
What do you think, will BTC break to the upside or downside?
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Many traders see the very dangerous situation on the Bitcoin price chart. The current situation looks like the descending triangle which was formed at the $45500 and was broken down. The current lower highs lower lows price action looks very dangerous but it is forming the falling narrowing wedge which in combination with RSI bullish divergence have the high probability to be broken to the upside.
What do you think, will BTC break to the upside or downside?
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
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