weslad

Bitcoin market update

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello guys,


Bitcoin in strong Ascending Broadening wedge formation with its potential targets well explained on the chart.

Kindly go through the chart and do leave us your comments to let us know how you feel about our view,

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Thank you.
Trade active: We have mini triangle forming on 1hr, we should focus on its breakout.

Trade active: We should have a move like this

Trade closed: target reached
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Comments

never be bearish in a bull market and be never bullish in a bear market! write this down somewhere 🙌
+20 Reply
ArshiaZojaji ali_ertem
@ali_ertem, I like that Ali
+1 Reply
Keep dreaming.
+8 Reply
Nice work I also think 14-15k in the cars before big players start taking profit
+4 Reply
weslad Abrytan
@Abrytan, Yes it is seriously bullish at the moment, let see how this develops.
Reply
The_Silen Abrytan
@Abrytan, You guys seem to forget that there is a HUGE resistance at 13700-13900. It will most likely bounce back towards 12000/11000 support and then head straight to the huge 20k resistance, after which it will bounce back once again to the next support level. I dont think many players will take profit before it hits 100k, the price target for the next 2 years, according to the stock-to-flow model & analysis of the 1-2 years after the past halvings.
Reply
predicting the next few hours is one thing...this is just a joke.
+2 Reply
NIce idea. Looks like an extended flat correction. Wave C must now go lower than A.
+2 Reply
Pullback and potentially another leg up I think. 🐻‍❄️🙏😊😃
+2 Reply
weslad PolarHusk
@PolarHusk, yes, we should prepare for it. But mind you let be mindful of sudden breakout also, seems many people are waiting for the drop.
Reply
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