I am reposting this idea as I have updated and placed a mid-range resistance for the wedge .
BTC idea :
Another idea for BTC could be that we are created a pattern of a rising wedge on the weekly TF . Rising wedges usually breakdown to the downside .
Moreover , if it plays out like this we could be having another bounce retesting the previous ATH and then breakdown .
But as mentioned before market is variable and changes .
So we could just be falling from here further to the downside without going higher .
Which in my opinion , I would be expecting another pump before finally crashing the market , as whales could be looking for more liquidity or placing more shorts .
Apr 6
As we got rejected on the mid-range I believe that we could be revisiting the bottom of the rising wedge .
BTC idea :Another idea for BTC could be that we are created a pattern of a rising wedge on the weekly TF . Rising wedges usually breakdown to the downside .
Moreover , if it plays out like this we could be having another bounce retesting the previous ATH and then breakdown .
But as mentioned before market is variable and changes .
So we could just be falling from here further to the downside without going higher .
Which in my opinion , I would be expecting another pump before finally crashing the market , as whales could be looking for more liquidity or placing more shorts .
Apr 6
As we got rejected on the mid-range I believe that we could be revisiting the bottom of the rising wedge .
Catatan
The original post without the mid range trendline : 
Catatan
If we break below $37,000 the rising wedge is breaking down which in my opinion is not so good .
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.