Possible breakout to 27300

17 ביוני 2023

A falling wedge is a bullish chart pattern that is formed when the price of an asset is trading within a narrowing range, with lower highs and lower lows. This pattern is typically seen as a sign of a potential trend reversal, as the price is consolidating and preparing for a breakout to the upside.

BTC is currently trading within a falling wedge pattern, it may indicate that the price is preparing for a bullish breakout. However, it is important to note that technical analysis is not always accurate and should be used in conjunction with other forms of analysis and research.
Target : 27300