robkarels

BTC falling wedge

Long
BYBIT:BTCUSDT   BTCUSDT SPOT
Although BTC still has room for more correction downwards (56000-57000, 52500), a falling wedge appeared on the 2H and 4H timeframes. I'm anticipating a short-term bounce as momentum indicates so. This specific trade is too risky for my apetite, but using a tight stop or a aiming for lower targets would be fine.
NFA

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