Bitcoin Between Rising Wedge and Ascending triangle Patterns

28 thg 1, 2022

Today Chart of BTC show us a good bounce from the support-trend, but to confirm on which point bitcoin stand is hard, because the price now needs another bounce to the resistance and then decide if its a bullish pattern "Ascending triangle" or a bearish pattern "Rising Wedge", so as our Warren's Quote says : time in the market beats timing the market. my advice is wait until a confirmation sign like a break above the EMA50, followed by a break on the resistance level plus another pull back to confirm your perfect entry like the green line on the chart thats for going Long, if you want to short wait until the price break down the support-trend line and then you are in a perfect entry with more than 15% gain to 30k, and the last point dont forget we are on down trend and we still on the wedge down and the break to the upside is coming.
be careful guys trade with caution and take care of your money.
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