Hi there,
BTCUSD looks very bearish on weekly chart , we made a nice correction after the lows near 30000 usd, but pay attention to the rising wedge on the weekly chart which is about to be broken, this is a typical very bearish pattern, which price action drop hard after it
We are looking for the final wave at target 20000 usd
TP near 20000
SL 51000
Good luck :)
BTCUSD looks very bearish on weekly chart , we made a nice correction after the lows near 30000 usd, but pay attention to the rising wedge on the weekly chart which is about to be broken, this is a typical very bearish pattern, which price action drop hard after it
We are looking for the final wave at target 20000 usd
TP near 20000
SL 51000
Good luck :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.