Technical analysis Bitcoin. BTC-USD on July 03, 2018

July 3, 2018


The market has formed the uptrend wedge pattern, be careful, this pattern indicates the possibility of the further price fall. We can notice, that the price is trying to overcome the uptrend resistance line for the 4th time, if the market doesn’t consolidate above the local resistance, we will have a possibility to test the bottom edge of the pattern, if we break it, it will show the further fall.

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