Good Morning Traders!
As you can see on the 4HR of Bitcoin (BTC). The price action has formed lower highs and slowing lower lows symptom of a falling wedge. The red histograms on the MACD are also showing signs of a potential convergence on the 4HR. I am confident if this pattern confirms that the target will be $44-44.3k! Set a TP for the target if entering a long position.
Safe Trading,
-Pulkanator
As you can see on the 4HR of Bitcoin (BTC). The price action has formed lower highs and slowing lower lows symptom of a falling wedge. The red histograms on the MACD are also showing signs of a potential convergence on the 4HR. I am confident if this pattern confirms that the target will be $44-44.3k! Set a TP for the target if entering a long position.
Safe Trading,
-Pulkanator