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Trading View May 29, 2022

BTC Long Falling Wedge

BTC Long Falling Wedge

BTC Long Falling Wedge

Bitcoin / TetherUS PERPETUAL FUTURES BINANCE:BTCUSDTPERP

kzburger

BTC still bearish so this trade should be taken only by small amounts or low leverage. According to the graph it formed a falling wedge pattern and already had a breakout. If this is really a wedge it make sense to bounce on this low timeframe bullish OB as it also created a break of structure.

Always put a stop loss and make sure to only have low leverage on this trade if you want to go with this.

Happy Trading.

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