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BTC 4Hr UPDATE:- BTC may bounce off the wedge support line and turn resistance
For now, we can see that all 5 waves of the Rising Wedge have already been completed.
I think this is a strong short signal and BTC is starting to decline.
I think the price can bounce off the support line a bit and then break it when it turns lower.
I see a few target areas, the first one is USDT 22800-22400.
And the second target area is USDT 21300-20700.
I don't think the price will fall to another target in a day, I think the decline will be gradual step by step.
So be prepared for such a scenario.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section.
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