$BTC 5 minutes chart
đ Pattern Breakdown
1. Upper Trend Line (Resistance):
Connects the series of lower highs formed as BTC retraced from 111,899.56.
Shows sellers gradually losing strength as the slope flattens.
2. Lower Trend Line (Support):
Connects the lower lows, which also move upward slightly toward the end, indicating buying pressure building up.
3. Breakout Point:
Around 111,260.45, the price found solid support and bounced upward, breaking through the upper resistance line of the wedge.
