10.06.2022

216

1 min

Bitcoin

A wedge is forming on the four-hour timeframe. This is indicated by a systematic narrowing of the trading range both above and below. Breakout from the wedge can occur either upwards or downwards. The realization of the figure will show who is dominating the market in the current situation: sellers or buyers.

The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy