CHARTVIPER

BTCUSD is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.

Either a rebound or a breakout imminent on BTCUSD
BTCUSD was identified at around 65814.44 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Rising Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 66607.0687 level.

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