Bitcoin started to rise again after Failing(Fake Break) to break the Support zone($58,000-$56,600) .
From the point of view of Classical Technical Analysis , it seems that Bitcoin has formed a Falling Wedge Reversal Pattern , and if the upper line of this pattern breaks, we can expect a further increase in Bitcoin .
From the point of view of Elliott...
Falling Wedge Broke. But wait 4hr Candle, If 4hr candle close above 0.7150 and confirms support then 1st Target will be 0.8214$
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NOT A FINANCIAL ADVICE I am not a Financial Advisor and this is not financial advice. The Information provided, is for educational, informational, and entertainment purposes only, without any express or implied warranty of...
A FALLING WEDGE PATTERN BEING FORMED IN 15 MIN CHART!!
A PARLLEL PATTERN BEING FORMED IN 1 DAY CHART!!
A good call for intraday if candle breaks up then will retest and move to its resistance level that is off 644!!
And if candle retest then can come up to its support level which was generated with gap up opening that is off 630!!
Their will be the risky trade...
