BTCyeti

Possible breakout from falling wedge

Long
GEMINI:BTCUSD   Bitcoin / U.S. Dollar
Possible breakout from falling wedge
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Comment: Predicted the bull run lol
Comment: Single-handily predicted the breakout that lead to the 2020-2021 bull market.

Comments

It perfectly bounced off of your pink trendline, but I can't figure out how you draw that line, I mean where are the candles or wicks (points) to draw it?
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BTCyeti CryptOpportunity
@CryptOpportunity, Hi, thanks for the support! I'm not used to explaining my TA but I will do my best.

The descending purple lines represents the momentum building in the trajectory of the falling wedge.

I've then averaged in the highest points using my momentum line on lower end of the falling wedge, these predictions also correlate to my support and resistance lines. Which confirms a new trend line.
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Great TA!
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BTCyeti Rxnnie
@Rxnnie, Cheers bro!
+1 Reply
Interesting ! Thanks for sharing.
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BTCyeti CryptOpportunity
@CryptOpportunity, You're welcome :)
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