Category: Tether (USDT)

Will BTC break out of the falling wedge back to 10.400$ zone?

BTC entered a falling wedge, the bottom part of the wedge being formed by the neck of a new, broader H&S pattern. If BTC fails to stay above it, we should have another drop to the target zone at least down to the support around 7900. So far so good, BTC rebounced against the bottom part of the wedge, and we can imagine a consolidating ABC wave (or a new Elliot …

This article was originally published on: The Tether Blog on