BTCUSD (BITCOIN) - POSSIBLE PRICE ACTIONS

ANALYSIS 🔎
- BTCUSD is printing a falling wedge pattern.
- Price is testing the falling wedge's resistance.
- Price action is printing an ascending triangle pattern at the test zone.

POSSIBLE PRICE ACTIONS
- Uptrend : breakout above the falling wedge's resistance and the ascending triangle's horizontal resistance.
- Downtrend : breakdown below the ascending triangle's inclined support.

TARGETS 🎯
- Uptrend : Horizontal resistance level (R1).
- Downtrend : Horizontal support level (S1), falling wedge support.