Bitcoin To The Moon! Falling Wedge Reversal Pattern...

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Let's keep it plain and simple...

Falling Wedge Reversal Pattern

"The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower".


What's your opinion?

Please share on the comment section below...

Thanks a lot for reading...

Please like, share, comment and follow.

Jun 24
Comment: If by any chance you didn't win money - lost money in the past trading Bitcoin and other cryptocurrencies - please remain relaxed and calmed, the market will offer you many more opportunities... More opportunities will always be available... More opportunities will always come.

Try and accept whatever it is that you did wrong. Accept whatever the mistake, take the loss if necessary, but prepare so that the next time you have a plan, regardless of the price going down or going up.

As for Bitcoin, this is just an early signal, we have yet to get out of this hole.

Look for a close above $6,750 on the daily time frame, as a positive signal, that points to a change to the actual trend that we are now on...

In the meantime... Enjoy your Sunday...

And remember that you are blessed... So whatever happens...

Just be sure to recognize...


Jun 24
Comment: Daily chart + Bollinger Bands (bounced from lower end of the band, plenty of room available to go up):
Volume is building up. We need more volume for this bounce to be more "meaningful".
Jun 24
Comment: MACD Bullish Crossover on the 4h chart.

Let's see how trading day closes today. A strong close confirms today's bounce and set us up to $6700+.

We need and want a green market. Green is better.
Jun 24
Comment: 3D Time Frame:
- EMA200 (Brown line) working as a strong support.
Jun 25
Comment: Here is the Bitcoin 1H chart:
- As you can see on the chart, the EMA100 line, blue, is working as a strong resistance.

We can move to 6400 short term if we break this resistance, followed by 6700+.

Not breaking up can lead to retesting the EMA50 line, magenta.
Jun 25
Comment: Here is the 1h chart:
We are still aiming for $6,400 (short term) followed by $6,700 (still short term).
Jun 25
Comment: This one signal worries me on the weekly chart, EMA10 crossing down (bearing) EMA50... What are your thoughts on it?

Jun 26
Comment: Take a quick look at my Theta Token (THETA) trade, great returns...

Jun 26
Comment: Patience is key... when it comes to trading cryptocurrencies.
Jun 27
Comment: Plain sideways... both sides are sleeping...
Jun 29
Comment: Thank you all for all the shares, likes, amazing charts in the comments and all the incredible and infinite support that I always receive... From you, it is always highly appreciated.

Please take a quick look at my new Bitcoin Trade Idea below:
I am really hoping that you enjoy it, and share with me the same kind of support.

Jul 05
Comment: Bitcoin continues its climb up.

You can read my updates for Bitcoin by clicking on the image below (Bitcoin To The Moon Pt. 4 (Another Push Up Is Coming!)):
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Can anyone tell me how to have trendline price labels on the right side ?
alanmasters globalz11112
@globalz11112, You need to click around under the settings menu. You can find it by clicking and a screw icon on the top right corner of your window.
There is no way around it, may it come in 1 week or 1 month, this bubble has to pop, too much international pressure on the ecosystem.

If you think that btc will recover now, you are just seeing what you want to see.

@blacksun, I am looking at the chart signals, take this one for example:

That's a bullish crossover of the SMA lines. When this signal comes up, the asset tends to go up.
blacksun alanmasters
@alanmasters, All these technical indicators are totally unreliable. No professional traders base their method on these.
@blacksun, Thanks a lot for letting me know. Your support is highly appreciated.
ThumbSkin blacksun
@blacksun, if u think btc HAS to drop than u r simply seeing what u want to see
@blacksun, roflmao

I hope you're shorting
Hello my lovely friend... Could you tell me what EMA or SMA do you use in the main graphic? Thank you!
+1 Reply
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