Bitcoin - Falling Wedge

Bitcoin – Falling Wedge

UPT:
1. $62.3K
2. $63,890 – $64,318

DPT:
1. $55,625

Stoch RSI and MACD: Bullish Divergences

$56,900 Market Bear Structure has been breached.
$58,00 Market Bear Structure now being tested.

Higher Highs and Higher Lows have been printed drawing an early trend change.

Bitcoin broke to the upside out of the falling wedge and currently retesting and confirming Yellow Descending Resistance Trend Line as support.

Price action is KING!

More power to all your trades, my friends!

Ron
Intrepid_Trader