$BTC MAJOR UPDATE
rejected at the diagonal resistance, and honestly it did look a bit too good to be true
the warning was there, a rising wedge in the purple lines, which is a bearish reversal signal into resistance
levels now, $63k must hold, that's the 6h 200MA, and $62k below it must hold too
higher lows and we're fine, lower highs and it turns very bearish
structure tells us, we just read it
rejected at the diagonal resistance, and honestly it did look a bit too good to be true
the warning was there, a rising wedge in the purple lines, which is a bearish reversal signal into resistance
levels now, $63k must hold, that's the 6h 200MA, and $62k below it must hold too
higher lows and we're fine, lower highs and it turns very bearish
structure tells us, we just read it