TA wise never ever fade a descending broadening wedge pattern, it is a powerful bullish reversal pattern. First target of resistance is the 44k level followed by the 47k level.
GL
Not
this is what flipping resistance to support looks like friends
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we have now formed a bullish pennant pattern ,if it plays out the first level it must crack is the 47k region then the target is 50k
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HOLY SHIT, now this is what happens when everyone on X talks about the same pattern, market makers take advantage of it and liquidate traders, I will not panic unless we go under the major support, this is a clear liquidation move! You should have had SL at support of pennant!
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