Get started
telensky

Bitcoin in falling wedge: fall to 5480-ish and then up?

Bitcoin / TetherUS (BINANCE:BTCUSDT)  
telensky  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Chart Patterns BTC BTCUSD BTCEUR Cryptocurrency Bitcoin (Cryptocurrency) bitcoinforecast Falling Wedge breakout
2
0
chartpattern btc btcusd btceur cryptocurrency bitcoin bitcoinforecast fallingwedge breakout
Could it be that bitcoin is in falling wedge? If yes, the likely destination is around 5400-5500 USD. Then the reversal of the trend and break up could possibly happen.

I'm a beginner, more than stating something I just want to encourage discussion, and I appreciate comments from more experienced traders :-)

Related Ideas

Wave-Trader
BTCUSD is still short term bearish watch for the breakout
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.