BITCOIN 4H Falling Wedge!
Updated
What's up Everyone! 😃
Hope you are all having a successful day!
I only want to add this daily BTC chart for more clarity on our targets. If we break resistance at 45k to 46k, we see 51k as our next potential taget for Bitcoin.
If we don't hold in the 40k to 39k region we could see a potential double bottom at around 33k or go down to 29k from where we bounce to multiple ATH's.
The rest is all in the title and in the chart as I have to keep it short here!
I would like to add that this is for educational purpose only and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
THANK YOU for stopping by!
Like 👍 = 😃
Comment 📜 = 😁
Happy Trading ✌♥📈
Hope you are all having a successful day!
I only want to add this daily BTC chart for more clarity on our targets. If we break resistance at 45k to 46k, we see 51k as our next potential taget for Bitcoin.
If we don't hold in the 40k to 39k region we could see a potential double bottom at around 33k or go down to 29k from where we bounce to multiple ATH's.
The rest is all in the title and in the chart as I have to keep it short here!
I would like to add that this is for educational purpose only and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
THANK YOU for stopping by!
Like 👍 = 😃
Comment 📜 = 😁
Happy Trading ✌♥📈
Note
Bearishness becomes clearer from this point of view...38.2% level will be crucial or we can go to test the lower support levels mentioned above if it doesn't hold.
Related publications
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.