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YurloTrades
Jan 23, 2021 8:45 AM

Rising wedge pattern (bearish scalp) 6.36% - BTC Short

Bitcoin / DollarBitfinex

Description

Good morning traders, it appears we have yet another rising wedge formation (which in most cases has a bearish resolution)

I'll post updates to this technical analysis as the weekend price action develops.

I'm going to start a YouTube channel for daily technical analysis video's, is this something you guys would be interested in? Would you guys tune in and watch my videos, they would be a lot more descriptive and in depth regarding technical analysis and my perspective.

Please get this post to 30+ likes to unlock tomorrow's daily technical analysis! 👍

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pre breakdown visuals

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inversed chart (hit alt + i on your keyboard)

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& possible 12% move back down to current low

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appears to have started breaking down

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Comment

My YouTube channel link on my Tradingview page, just click the link and follow the account for technical analysis in coming weeks! (it will be more detailed and constructive on my channel)

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bearish breakdown confirmed, congrats to those who saw the TA when i posted it before the move played out!

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Comments
Morgan_BTC
Really, 27-28k? Is this a gift?)
YurloTrades
@Morgan_BTC, Something like that ;) lol
Morgan_BTC
Thank you more for your work ))
YurloTrades
@Morgan_BTC, Just doing my part brother
dannymoor
Thanks mate enjoy the weekend :D
YurloTrades
@dannymoor, You too brother! cheers my friend
unidoriya
Your TA really helpful for me. Thanks man
YurloTrades
@unidoriya, I'm here to help brother! no problem buddy, my youtube videos will be even more detailed and helpful in a few weeks!
Dettolo
i hope you continue to post analisys. could you please send me your youtube channel name?
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