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Hassanaskarisyed

Falling wedge pattern in 1D TF in BTC

Long
BTCUSDT SPOT (BYBIT:BTCUSDT)  
Hassanaskarisyed  
BYBIT:BTCUSDT   BTCUSDT SPOT
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD btcusdlong binance Bitcoin (Cryptocurrency) bitcoinforecast altcoins BTCUSDTPERP Contains image
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trendanalysis chartpattern indicator btc btcusd btcusdlong binance bitcoin bitcoinforecast altcoins btcusdtperp containsimage
As per my understanding, BTC is making a falling wedge in 1D time frame and holding strong support in 29K area. Previously #BTC made all-time high after taking support of 29K and I believe the breakage of the falling wedge will lead to all-time high for the BTC once again.

An entry for long can be taken at 29K zone by keeping SL/liquidation below 25K and it will be a profitable entry I believe for the long term.

What are your thoughts? Please share.
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