BTC Making a Falling Wedge in 4hr chart
Hi guys,
BTC is making a falling wedge pattern in 4 hours chart and in the next 1 or 2 days it will break out.
In classical books about TA, a falling wedge is a bullish pattern. However, in practice, it is very important to observe the side of its breakout.
I think it is more likely to have a false breakout to the downside and then a fast recovery and after that price will go to the moon as we are still in a very strong bullish market.
BTC is making a falling wedge pattern in 4 hours chart and in the next 1 or 2 days it will break out.
In classical books about TA, a falling wedge is a bullish pattern. However, in practice, it is very important to observe the side of its breakout.
I think it is more likely to have a false breakout to the downside and then a fast recovery and after that price will go to the moon as we are still in a very strong bullish market.
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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.