Bitcoin / Tether
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BTCUSDT Rising Wedge

It looks like there is a rising wedge forming on the 1 hour. MACD may be getting ready to cross over.

This is theoretically a bearish sign, but in the recent past, BTCUSDT exploded upward after the rising wedge, so beware.

My current sentiment is that a correctio is needed and we will turn downward.

Trend Analysis

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