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.
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.
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.