#BTC Rising Wedge 
2024-11-20

📊#BTC Rising Wedge ⚠️

🧠From a structural perspective, we are currently in the target area and stage resistance area of ​​the bullish structure. The price has now reached the upper edge of the overlapping resistance area, and we need to be alert to the risk of a pullback.

➡️From a graphical perspective, we have formed a rising wedge in the resistance area, and we generally fall according to this model.

➡️In addition, I don’t think the $100,000 round number mark will be successfully broken through the first time.

⚠️If we eventually break through this resistance area and fall back to this area to stabilize again, then we can maintain a positive attitude. Of course, this requires more time and observation.

Let’s see 👀

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