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BitbullTrading
Feb 10, 2022 9:46 AM

Rising Wedge at Bitcoin!  

Bitcoin / U.S. dollarBitstamp

Description

Hello together,

also today there is an update as usual!

There could be a nice Rising Wedge developing on the 1h chart. This is a Bearish chart pattern with a higher probability of breaking out to the downside. I have marked you the two scenarios for the next possible trade. One should definitely wait for the retest on a breakout to the upside or downside!

All info also in today's video!

Stay healthy and take care!

Yours

BTC Moneymaker

Comments
AnalystsTrader45
Do we not count that spiked area (45K+) on the early morning of Feb 8?
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