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Babenski
Nov 28, 2022 8:19 AM

BTC massive 2 years wedge (no one mentioned it before) Long

Bitcoin / Tether USWhiteBIT

Description

BTC / USDT

BTC printed massive 2-years falling wedge
And no one is talking about it ,we need some more time to spend inside it ,but once price breakout the falling wedge resistance …new bullcycle will start

The bottom seems to be located in the confluence between :
- target of double top (bearish patten)
- lower trendline of falling wedge

According to many indicators We are in capitulation stage of the cycle so don’t give up ..bottom should be very close

Bear cycle is a pain for majority of traders but an opportunity for smart ones

Support my efforts and Share your opinions with me in comment section below ⬇️
Comments
TheSignalyst
interesting Babenski, I personally didn't see it. thanks for highlighting it!
Babenski
@TheSignalyst welcome…do you agree with this view ?
TheSignalyst
@Babenski, yes especially that the lower trendline is lining up with the 10k-12k zone
Babenski
@TheSignalyst great we are agree on this point … have nice day my friend
Lekis
Thank you for this pretty chart
P_S_trade
We think that bottom is it
Babenski
Goldenbreakout
@Babenski, my view for AMB: the next coin that can surprise us
anyalove
@P_S_trade, ola-la-la thanks ❤️
samsepiol243541aa
this is not a joke.nott?
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