Technical analysis by GenesisGo about Symbol BTC: Sell recommendation (8/17/2022)

Hello Team, Short Play: As we can see Bitcoin is in a rising wedge which is a bearish pattern. A break of this pattern can lead to more downward momentum in the markets. If this structure breaks with confirmation BTC can look to test the ~18.6K level again. The bulls would need a strong momentum push to the upside to break this pattern which is a lower probability. Happy Trading!