TommieV

Falling wedge/Deacensing triangle

BINANCE:BTCUSDT   Bitcoin / TetherUS
Currently btc is in a falling wedge, the bottom line isn’t perfect but they are holding the descending line, I made it green because I believe this line is to greedy and we will see 1 more try to get above the red line… the red line is the descending line of the descending triangle..

Because i wasn’t active enough i could not shot this line, so currently I am in a long position, this I will be swapping near the red line, target for long 42600-42850..

We need a break down with much volume to get below the support at 39600, the target of the descending triangle is 39300 which is below the support…

For me going long now is because their isn’t enough volume to break down at this moment.. and a bounce is hanging in the air…

Long for now to get a better SHORT position…
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