Bitcoin: possible bullish breakout of the Falling Wedge

After making you take a Long up to the Top @ $ 13,750 on the ascending triangle breakout:

Then making you take a Short down to $ 10,745 on the Rising Wedge breakout:

I now propose to re-enter Long with trade opening, stop loss positioning and profit taking target detailed on my chart.

We have good visibility of the field of possibilities: indeed, if there is no breakout bullish with an invalidation of the falling wedge by a dump under its oblique support, then we will monitor the critical area framed in red to open a sales position with target : sub-10000 $ (in which case I will publish a new idea to specify the target)

Be careful, so we open as usual this Long trade on confirmed breakout of the pattern on the rise,
and we only invest what we can afford to lose, relying on our own personal opinion only.

Komen:

Price rejected on the oblique resistance of the Falling Wedge, long worked.

Then rebound on the oblique support of the Falling Wedge which continues its formation.

The outcome will be in the evening for a position long / short depending on the exit zone.

Dagangan aktif:

After a little pullback, my selling position starts to become interesting: