#BTC is forming this bullish falling wedge pattern!!
Updated
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I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC UPDATE
If we look at the 4hour timeframe BTC is making this falling wedge pattern if it breakout this pattern with confirmation then according to the pattern it can pump up to 16%.
RSI is making this bullish divergence move
In case this pattern will invalid then it can drop up to the 18k as I mentioned in the last update.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC UPDATE
If we look at the 4hour timeframe BTC is making this falling wedge pattern if it breakout this pattern with confirmation then according to the pattern it can pump up to 16%.
RSI is making this bullish divergence move
In case this pattern will invalid then it can drop up to the 18k as I mentioned in the last update.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Note
#BTC got rejected from the upper resistance of this falling wedge pattern currently we have a 19.5k level and lower support of this pattern as support.
if it breaks down this supports then it can drop up to the 18k level.
Let's see if this support will be able to hold BTC or not.
Stay tuned
Note
#BTC UPDATE
As expected BTC bounced from the 19.5k level and is currently breakout this falling wedge pattern.
According to this pattern, we can expect a bounce up to 15% from here.
Hope this time it will not do any fake out.
Stay tuned
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