XBT Falling Wedge

16 ביוני 2022

We are looking at the 1H timeframe for XBTUSD (Bitcoin).

We have strong support in the low $20,000.
From $20,000 to $20,450 we have strong support.
We are bullish above this price range; bearish below.

We have a falling wedge pattern also with higher lows.
We have multiple reversal candles that closed green...

The short-term bias is bullish.
We wait patiently for the next move to develop.

More details on the chart.

Namaste.