BTC: BULLISH PATTERN IN LTF! WEEKEND RELIEF RALLY?
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Welcome to this quick BTC update.
BTC is forming a falling wedge pattern in a 45min time frame. A falling wedge is generally a bullish pattern. Currently, BTC is trading near the lower trendline of the wedge. We can expect a weekend pump from here.
If it breaks out from the falling wedge then we can expect more pumps.
Invalidation level:- If any candle closes below $18,600 then this chart becomes invalidated.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this quick BTC update.
BTC is forming a falling wedge pattern in a 45min time frame. A falling wedge is generally a bullish pattern. Currently, BTC is trading near the lower trendline of the wedge. We can expect a weekend pump from here.
If it breaks out from the falling wedge then we can expect more pumps.
Invalidation level:- If any candle closes below $18,600 then this chart becomes invalidated.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
