Hello to all active market traders and market makers.
Please see the previous analysis in Daily Time.
There is a Falling Wedge in the 4H time pattern. The Falling Wedge causes an increase, but such an incentive for growth in the market is still not observed.
Currently, the price is on Fibo 0.618 and we can go up to the top of the Wedge , and then it will fall again to the bottom of the Falling Wedge.
If the bottom of the Wedge is maintained, we will have an upward movement. If it is not maintained, it will fall to the next support.
In the end, this is just an opinion of a trader and is not a signal for trading. Don't forget the stop loss 😉 #BITCOIN
Please see the previous analysis in Daily Time.
There is a Falling Wedge in the 4H time pattern. The Falling Wedge causes an increase, but such an incentive for growth in the market is still not observed.
Currently, the price is on Fibo 0.618 and we can go up to the top of the Wedge , and then it will fall again to the bottom of the Falling Wedge.
If the bottom of the Wedge is maintained, we will have an upward movement. If it is not maintained, it will fall to the next support.
In the end, this is just an opinion of a trader and is not a signal for trading. Don't forget the stop loss 😉 #BITCOIN
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stop loss 🛑
