Idea on a possible breakout
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We can expect a possible breakout of the third falling wedge since btc reach 20k.
It could be followed by a pullback on the red resistance which would form an inverted head and shoulder.
The first target of this pattern is 8560$.
Second target is 10k$
The third target would be the top of the bearish channel initiated since december 17th . (12k$)
This post is for educational only, this is not a trading recommandation.
It could be followed by a pullback on the red resistance which would form an inverted head and shoulder.
The first target of this pattern is 8560$.
Second target is 10k$
The third target would be the top of the bearish channel initiated since december 17th . (12k$)
This post is for educational only, this is not a trading recommandation.
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