Rising Wedge spotted below 1 day time frame. currently i use 3 hour chart emphasize the resistance at 10600 ( 100 SMA and 50 EMA) If somehow BTCUSD manage to get above that resistance there's a high change to reach target at 10800 as a next resistance.
Conversely, break the formation it could be a bad sign as it's might consolidate price action a decline toward 10000 area with an bearish volume to validate this pattern in fruition/ bearish divergence atleast on 2 indicators.
Volume also the issue on recent price action which undecided/unexpected move usually happen during this phase.
Indicator for 3 hour chart atleast still supporting toward upside as OBV, CMF and CCI currently aligned with price action movement creating higher low. Until two of indicators break the trendline, i remain bullish for price action.
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.