Get started
CryptoCafeClub

BTC/USDT - Ascending Broadening Wedge Pattern

Long
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
CryptoCafeClub  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Wedge Trend Lines Bitcoin (Cryptocurrency) BTCUSDT Ascending Broadening Wedge impulse Bullish Patterns correction uptrend
5
2
wedgepattern trendline bitcoin btcusdt ascendingbroadeningwedge impulse bullish correction uptrend
Bitcoin currently forming an Ascending Broadening Wedge Pattern. We just experienced a correction that should follow an impulse with a healthy pump. If BTC stays within the wedge then we could see a bullish move to 48K. If that resistance breaks then we could see 50k plus. BTC always comes with surprises so if it breaks downwards then we could see a bounce back from 44k or 43k.

This is not financial advice please DYOR.

Related Ideas

CryptoCafeClub
BTC/USDT forming a rising wedge pattern
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.