The setup is there
jrcornel
Today My crypto Alert - 28th july ,2024
alert78
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2024-07-28 18:52:12
Hello, everyone.
I am a crypto analyzer. Everyday I try to share some crypto coin. If anyone want to follow my signal, you can. I think you can be benefited from my signal. So now I am sharing the result of my analysis...
)#BTC/USDT ANALYSIS
Bitcoin has bounced from the support trendline of the rising wedge pattern. Currently, it is being rejected by the resistance trendline of the pattern. The MACD crossover is poised to turn bearish.
A sustained breakdown of the rising wedge would confirm a bearish trend, whereas further consolidation within the triangle is also possible.
On the other hand, if it breaks above the pattern's resistance trendline, the pattern will be invalidated.