Falling Wedge Pattern on 1 HR chart

Hey Everyone,

Seeing a classic falling wedge pattern on the 1 hr chart. Crucial support is at 8600, with a reversal there and a break out above the top trend line, I would expect we could breakout to 9800 or higher again.

Dagangan ditutup: sasaran tercapai:

While BTC never actually got down to 8600, it reached 8,700 and has now just broken above the trendline signifying a breakout of the falling wedge pattern. If there is a close here, wait for a pullback and then go long. First target 9.2k, second target 9,7k

Komen:

Not financial advise, just my own plan and observation

Dagangan ditutup secara manual:

Posted the wrong thing earlier, trade was active on the 27th and closed now. WIll post an updated analysis in the coming hours.