Faibik

Bitcoin | Broadening Wedge Formation & New ATH..!!

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
#BTC (update)


In 4H Timeframe, Bitcoin Has been Forming Broadening Wedge Pattern And At the Moment, Bitcoin Moving around 20k Psychological Resistance Area .

If Bitcoin Got Rejected by the 20k Resistance & then According to Broadening WEDGE Pattern, Bitcoin Might test the 16.2k Area (Major Support)

In Bullish Case, If Wedge Broken upside then above that it's clear sky..


In My Point Of View, If You're Still Holding Bitcoin then You Can Book Some Profit at Here & If You're Looking for Mid/Longterm ENTRY then Wait for Correction.


Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!

Thanks for Your Love & Support..!!
Follow me On Twitter & Telegram For More Regular Updates..!!

Public Telegram Channel:
https://t.me/CryptoCove

Forex Telegram Channel:
https://t.me/Captain_FX

Twitter:
https://twitter.com/CryptoFaibik

Comments

Faibik Protixder
@Protixder, Thank for Sharing your Awesome idea Here
Reply
Nice to see.
Reply
Faibik Protixder
@Protixder, Thank You
Reply
I don't think that we reached the support area yet. Isn't?
Reply
Faibik decimalBoa50339
@decimalBoa50339 yes, in case of another higher high or Upside breakout, Bitcoin might test the 24k Area
Reply
@Faibik, it's a perfect analysis BTW, let's wait and see hopefully it touches the same number of support area.
Reply
Nice analysis, how about lower resistance?! what do u think about 14.4k or 15.2k?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out