Bitcoin
Singkat

BTC will drop acc to falling wedge pattern

Traders please let me know your opinion in comment section

Sell Signal Issued for BTCUSD
A sell signal has been triggered for BTC/USD based on the falling wedge pattern.

Key Details:
- Pattern Type: Falling Wedge
- Timeframe: H4 timeframe
- Breakout Level: The price has broken below the lower trend line of the falling wedge pattern.

Interpretation:
The breakdown below the lower trend line indicates a potential continuation of the downtrend. This sell signal suggests that the price may decline further, potentially reaching new lows.

Trading Implications:
- Sell Opportunity: Consider opening a short position, targeting the next support level.
- Stop-Loss: Place a stop-loss order above the lower trend line to limit potential losses if the pattern fails.

Hope my idea will be profitable for you 😄

Best wishes Tom 😎

Penafian