بتكوين
تم تحديثه

BTC falling wedges possible reversal

1086
Very simple idea. Two falling wedges; the first fake out was reversed, we have a second chance now.

Two scenarios:

1. breakout from the falling wedge & retest of 9k
2. continue in the short-term channel toward 7.5k & 7k. demand will be increasing as price falls, so I don't expect new lows.

people are selling because in the past several Sundays price had fallen every time.

that is a coincidence.
ملاحظة
probably wasn't clear --- I think s1 more likely.
ملاحظة
We have two green candles on the 4h chart now. Over 8.5k we're safe.
ملاحظة
I think after we failed 9k, BTC has gone back to the accumulation zone I mentioned in my previous post. There's no dramatic 6k or 10k scenarios immediately before us.

BTC possible inverted H&S, to watch for 8.5k 9.5k 7.8k 10k
ملاحظة
probably should've written: no obvious dramatic ... scenarios in front of us.
ملاحظة
retest of 9k is likely
ملاحظة
wow, really jumped in the last 25min
ملاحظة
bull flag.
ملاحظة
Going up but a rising wedge is forming w/ apex @ 9.5k

Most likely will follow my original post (last post): 9.5k -> fall to at least 8k.
ملاحظة
failed 9k again. should bounce @ 8.2-8.3k
ملاحظة
I actually see a rising triangle potentially forming soon. I posted the details on my YouTube channel. I plan to post daily FA & TA videos there.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.