Ascending wedge formed for BTCUSD but bear trap maybe inplay
For BTCUSD, things are going pretty well for the past few days.
BTC broke the major resistance line, went all way to $9000 and now back at $8800 levels, however an ascending wedge is recognised which may push BTC down to $8000 levels. BUT beware a bear trap maybe in play as witnessed many times earlier
BTC broke the major resistance line, went all way to $9000 and now back at $8800 levels, however an ascending wedge is recognised which may push BTC down to $8000 levels. BUT beware a bear trap maybe in play as witnessed many times earlier
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