#Bitcoin broke out of the falling wedge👆having a price target of $67000(top of the wedge) but is having 2 resistances.
Bitcoin broke its 2 years support in December which will now act as major resistance around $52000 and $44000 bottom of falling wedge.
Bitcoin has to stay in the falling wedge which it has successfully re-entered after a breakout to the downside and also the level of $41000 is a critical level to look out for, within a few days Bitcoin has to cross this level to nullify the effect of head and shoulder pattern which is formed in the las 6 months.
Also it is to be noted that when the last time...
TCS is having is having a 1year support level at 3360 so strong chances are to hold at the moment. Right now it is in consolidation but will have no space to consolidate after the 15th of November leading to breakout having a price target of 4000.
Tron is on the verge of breaking out from this Symmetrical triangle in which it has been moving since April, having a price target of 0.17000/TETHERUS and a further price target of 0.22000/TETHERUS.
Dash just broke from the Descending Triangle in which it was moving since May 2021 having two price targets :-
1.) 360 /TETHERUS
2.) 500 /TETHERUS
Also, it has broken from the rising wedge it created since the end of September having an immediate short-term price target of 275 /TETHERUS.
ITC has hit its 5-year resistance at 262 and got a strong rejection there keeping it in the rising wedge. There are now chances for it to consolidate between the 5-year resistance line and the rising slope having a breakout point around June to July 2022.
