Bitcoin: Short-Term Reversal Due to Rising Wedge

Bitcoin is climbing in a dangerous formation with low volume, creating a trading pattern known as "Rising Wedge". This pattern typically tends to reverse the short-term trend, potentially driving the price down to the base of the formation in the region of $35,000.
Therefore, for safety, I have decided to sell a portion of my Bitcoins.
Selling Price: $38,400
Volume: 33%
Current Portfolio: 66% Bitcoin / 33% USD / 0% Altcoins
Therefore, for safety, I have decided to sell a portion of my Bitcoins.
Selling Price: $38,400
Volume: 33%
Current Portfolio: 66% Bitcoin / 33% USD / 0% Altcoins
Nota
Bitcoin Breaks Upward PatternGood morning! Bitcoin has broken through its narrowing upward pattern. The projection for this pattern's target, calculated based on the size of the triangle's base, has almost been reached just now at 42,000.
Yesterday, I bought back most of the Bitcoins I had previously sold for safety at around 39,550, leaving a small part I couldn't buy as the price rose too quickly. I plan to use this remaining USD balance to buy altcoins.
Average purchase price: 39,550
Volume: 26%
Total portfolio: [ 92% Bitcoin | 7% USD | 0% Altcoins ]
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Telegram group: t.me/heavensignals
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.