#BTC ready to go long, pay attention!

19 thg 3, 2023

Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#BTC WEEKLY UPDATE

This big falling wedge pattern is still in the pay.

(basics info)
what is a falling wedge pattern?

The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend.

> Important support level is 25k
> BTC Needs to close this weekly candle above $25400
> The volume is increasing, which is a characteristic of a third wave. We could expect a strong bull run in the market as many indicators are showing.

> 25K will now act as strong support as it is broken after large accumulation and will likewise offer great opportunities in case of retracement.

Stay tuned I will keep updating

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Thank you

20 thg 3, 2023

Ghi chú

#BTC did a good weekly candle closed

20 thg 3, 2023

Ghi chú

going good

21 thg 3, 2023

Ghi chú

#BTC breakout this Broadening Triangle Pattern and currently retesting it.
According to the pattern we can expect some good bounce after the retest.