Traders please let me know your opinion in comment section
Sell Signal Issued for BTCUSD A sell signal has been triggered for BTC/USD based on the falling wedge pattern.
Key Details: - Pattern Type: Falling Wedge - Timeframe: H4 timeframe - Breakout Level: The price has broken below the lower trend line of the falling wedge pattern.
Interpretation: The breakdown below the lower trend line indicates a potential continuation of the downtrend. This sell signal suggests that the price may decline further, potentially reaching new lows.
Trading Implications: - Sell Opportunity: Consider opening a short position, targeting the next support level. - Stop-Loss: Place a stop-loss order above the lower trend line to limit potential losses if the pattern fails.
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.