Bitcoin / TetherUS
ืœื•ื ื’

๐Ÿ”ฅ Bitcoin In A Wedge

6โ€ฏ781
In the last two weeks Bitcoin is not very clear where it wants to go, bouncing between 44k-52k. However, what is clear is that Bitcoin has formed a wedge. This trade is based on the continuation of said wedge.

Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.

On the chart Iโ€™ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!

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