BTCUSDT pierced into the wedge. What awaits us next?
Hello everyone.
In the previous idea, I said that there will be an increase to the level of resistance, after which we will face a decline.
All this happened and we broke through the rising wedge.
What awaits us next?
As we know, we have closed a high-range candle on a 4-hour TF with a wedge breakdown.
As practice tells us, after such a candle wears a continuation of the recession.
I also notice a similar situation in 2018
Based on previous data, we can calculate that we are waiting for a trip to the lower support levels.
In the previous idea, I said that there will be an increase to the level of resistance, after which we will face a decline.
All this happened and we broke through the rising wedge.
What awaits us next?
As we know, we have closed a high-range candle on a 4-hour TF with a wedge breakdown.
As practice tells us, after such a candle wears a continuation of the recession.
I also notice a similar situation in 2018
Based on previous data, we can calculate that we are waiting for a trip to the lower support levels.
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