BTC 15m Falling Wedge vs Fast Moving Average Death Cross
I am hesitant about the current scenario at 15minute timeframe. There was a parabolic bull run that corrected on the 0.36 Fib. On forming a falling wedge or bull flag. On the other hand, price is approaching a possible fast moving average (50 and 20) death cross , which is a bearish formation. I have drew what price action might be according to similar situation for BTC in the past. What do you think?
