MBM_Crypto

BTC in a falling wedge! Could break to the upside soon!

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Here's a quick Look at BTC 2 hr chart . As we can see, the price has been forming a falling wedge and we could see a break to the upside soon! If the price breaks above the falling wedge, the target is all the way at 70k! Keep an eye on this falling wedge!
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.

Targets:

1. 67k
2. 70k
-------------------------------------------
If you like the content, then make sure to comment and like the post :D

Follow me for daily profitable trading setups

BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!

Experience our top-tier setups with our Premium Group for only 75$ Lifetime membership!

🎖Telegram: t.me/MBM_786kr🎖
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.