daily chart displays a ascending broading wedge pattern
can notice obviously how price action going when touches the lower side of the pattern
You'll notice a full absorption of the candle, with only a wick touching the lower part of the pattern.
It's important to understand that the ascending wedge pattern is inherently bearish, often signaling a downward move. However, Bitcoin rarely gives you a clear short signal like this—it will likely liquidate all short positions first.
What’s expected is a strong upward move in the coming days, followed by a drop. Bitcoin’s target for this correction is 85k.
can notice obviously how price action going when touches the lower side of the pattern
You'll notice a full absorption of the candle, with only a wick touching the lower part of the pattern.
It's important to understand that the ascending wedge pattern is inherently bearish, often signaling a downward move. However, Bitcoin rarely gives you a clear short signal like this—it will likely liquidate all short positions first.
What’s expected is a strong upward move in the coming days, followed by a drop. Bitcoin’s target for this correction is 85k.
Trade attivo
my analysis was bearish that's why all market bleeding now
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t.me/itradeoncrypto
we have VIP Channel and it provides unique, premium content you won’t get anywhere else all for an affordable subscription cost.🔥
contact me for details and proofs🎯
t.me/Cecilion1
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
🔻 free telegram channel🔻
t.me/itradeoncrypto
we have VIP Channel and it provides unique, premium content you won’t get anywhere else all for an affordable subscription cost.🔥
contact me for details and proofs🎯
t.me/Cecilion1
t.me/itradeoncrypto
we have VIP Channel and it provides unique, premium content you won’t get anywhere else all for an affordable subscription cost.🔥
contact me for details and proofs🎯
t.me/Cecilion1
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.