XBT Falling Wedge
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.
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.
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