Falcon_Trader_1

BTCUSDT Ascending Wedge and prediction of massive dump

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Well, not so easy.. not for anyone, perhaps weak structure and irrational counts, now resulting in beautiful ascending wedge in 4H in BTCUSDT.

I am expecting a deep correction to shatter the dreams of CT, who are bullish but have lost count of bounces and pending corrective waves. I think we should trade slow, and steady, one day at at time, perhaps few candles and look at Price Action.

Ascending Wedge pattern will usually result in fall of price, and deeply correct the BTCUSDT structure.

Targeting 30K levels.

Falcon Trader
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
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.