Long

Death Row Rising Wedge

Updated

Double top, falling wedge, death row rising wedge, and harmonic. Possible FWB:14K on how rising wedge reads. It makes sense according to falling wedge with support. Falling wedge White trends are only guidance. If so, will go along with the ARC.
Some Rising wedges have failed because Smart money decided to buy more of BTC to make rising wedge fail for the moment but then can and has fallen. Keep an eye on the up and downtrends.
Harmonic is not totally drawn out, but it’s in the falling wedge trends, if it becomes a Harmonic, then it takes off from the green arrow to continue in the direction of the ARC.
Death row Rising wedge shows a dip to around 14k.

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Same chart as previous, just updated according to technical analysis.

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make good profits only in short trades.

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While smart money sees many will sell for losses, price will rise then will fall unless they decide to fake pump then it falls. If I was in the trade, I wouldn’t sell, eventually, some time in 2024 or 2025 price will recover once the bull is back. Since I’m not in the trade, I’ll short trade. If I’m not understanding price action, TA, volume, and patterns. I would dare not enter until dip took its course. Be smart, make profits.

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Remember this pattern, there’s an “OR”. All prices still stand.

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Remember this master pattern, obviously will zig zag, it’s an idea. Trend lines may work their ways a little lower when up trending. This is a one month pattern.

The_ForexX_Mindset

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