Big move Incoming For BTC! Back to 43k?!

Here's a quick look a BTC 4 hr chart. As we can see, the price is in a bigger falling wedge. Alongside the falling wedge, the price is also in a bigger symmetrical triangle. For the moment being, the price is getting rejected by the bigger falling wedge. When the price break the falling wedge, we might as well see a break above the symmetrical triangle.

The most important thing to break here is the resistance zone at 42k. If we break the 42k level and hold above it, that'll be a very bullish sign as we then will be above the 200 daily EMA.

Tomorrow, Monday, should be interesting, We might see a bigger move!

Zlecenie aktywne:

1 hr chart - doesn't look bad at all!