BitcoinAlış
Possible Falling Wedge on BTCUSD Hourly chart
Judging by market movements the last few days, it would seem a falling wedge has developed on the hourly chart.
Falling wedges are obviously quite bullish, and can indicate a bullish break to the upside - and based on Bitcoin's fundamentals, my bias is certainly leaning toward the case.
Based on the traditional pattern of a falling wedge breakout, we should see a target of around the $69,000 zone, with some sideways movement, before our next leg up.
LFG!
Falling wedges are obviously quite bullish, and can indicate a bullish break to the upside - and based on Bitcoin's fundamentals, my bias is certainly leaning toward the case.
Based on the traditional pattern of a falling wedge breakout, we should see a target of around the $69,000 zone, with some sideways movement, before our next leg up.
LFG!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.