Frankly, I don't feel like explaining, the chart says it all !BINANCE:WINUSDT showing quick recovery within a Falling Wedge on 1D timeframe,Price bouncing off support, suggesting growing bullish sentiment,Wedge breakout could spark an 80-100% rally, targeting the $0.18 resistance zone .
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The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Faliingwedge
BTC: LTF UPDATE! MUST BOUNCE FROM HERE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update. Our previous BTC chart got invalidated and BTC made a new low of $17.6k
Now, BTC is forming a falling wedge pattern n 2hr time frame. Also, forming a bullish divergence in RSI. Expecting some bounce from here.
If it breaks the wedge to the upside then we can expect a good rally to $21k-$22k in the next few days.
Invalidation level:- If any 2hr candle closes below $17K then this wedge pattern becomes invalidated.
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BULLISH FALLING WEDGE 5m TimeFbased on its bullish fallish wedge pattern on the 5 minute time frame we are moving bullish now. good place to buy. I reccomend waiting for a breakout of the pattern on a bullish direccion to confirm once it breaks the patterns resistance buy on the pullback/retest of resistance which would now be its temporary support.