Bitcoin forming a falling wedge
Based on my TA, BTC is currently forming a falling wedge on the daily TF which is a bullish reversal pattern.
You can see my analysis clearly on the chart.
So, I would swing trade it as follows:
Enter: 2 daily candle close above
the falling wedge around $42542.83
SL: $40426.45
TP: $46428.75
what do you think of this trade?
**Disclaimer**
This is not a financial advice.
You can see my analysis clearly on the chart.
So, I would swing trade it as follows:
Enter: 2 daily candle close above
the falling wedge around $42542.83
SL: $40426.45
TP: $46428.75
what do you think of this trade?
**Disclaimer**
This is not a financial advice.
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.