Technical analysis by UnknownUnicorn22804749 about Symbol BTC on 1/11/2024

red support line must hold, we have a descending broadening wedge pattern, that orange resistance line is a critical level that we must flip into new support! You can wait to flip orange line, or use red line as SL, imo wait for orange line flip, set alertsBITCOIN UPDATE nice pump out of the resistance, but bears won their and brought it back down, if you used the red support line as SL and took profits on the breakout you should have made ok money, so congratulations!we could come down to the 200MA (aqua line)