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BTCUSDT Rising Wedge

Diupdate

BTCUST moving accordingly to Rising Wedge but Yellow horizontal line working as Resistance and Red horizontal , White and Orange dashed Ascending line as Support.
This is just Short Term scalping.
If supports break then Price would be around 31.15k

Catatan

There is a Inverse H&S Pattern which I didn't mentioned.
That could playout if BTCUSDT breaks above Yellow horizontal line but this scenario needs Volume.

Catatan

currently 100 EMA working as support

Catatan

Bulls showing Strength

Catatan

Fights going on B/T Bulls and Bears

Catatan

Bears pushing the Price down.. but Bulls also trying to push up the Price. 100 EMA was working as a Support and right now Dashed Orange Ascending line also Supporting the Price

Catatan

Looks like Bears taking control.
20 EMA needs to work as Support.

Catatan

All Supports just got Penetrated.

Catatan

Maybe Shooting Star Pattern is playing out.

Catatan

Price could Wick down to approx. $32763.
That could be Fake out.

Catatan

Bears taking it seriously but slowly , Candles making Lower High.

Catatan

I'm Ending this Scalping show.

John_rsm

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