PHEMEX:BTCUSD.PI   BTC Inverse Perpetual Futures Contract
Here you can see 2 of the same setups, inverted. The rising wedge last year led us to new lows. I anticipate this falling wedge to lead us to new highs on this rally. Looking for $34k+ before EOY and possibly deep 30's. The key here is to manage to close this week above the 21 MA. Which is currently around $26,150. A weekly close today, at or above that region is the confirmation I'm looking for to position myself long on the weekly timeframe. Good luck, fun trading, manage risk responsibly!
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BTC failed to get the weekly close I was looking for last week. Pivot for me is now 26,300 weekly close. There or higher is the confirmation i'm looking for to position myself long on the weekly time frame.

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