May 16, 2026

BTC/USD: Bearish rising wedge

BTC/USD: Bearish rising wedge

BTC/USD: Bearish rising wedge

BTC/USD COINBASE:BTCUSD


BTC/USD: Bearish rising wedge

Bitcoin forming a bearish rising wedge in Daily timeframe . So, you can to put a short position in Daily timeframe like making a sell order limit in the price limit to $39,200 USD. I expect that the asset could to reach down to $34,250 USD approx. You can to put the SL around $41,300 USD and target to $34,250 USD.

Now, in weekly timeframe it’s look bearish how I see in this screenshot.

I hope that this idea support you!!!

Previous Article

#SAND_USDT

Next Article

Enjoy from Theta (THETAUSDTPERP)

You might be interested in …

10x Pullback

10x Pullback

10x Pullback 3X Long Ethereum Token / USD FTX:ETHBULLUSD marsntfx FTX Leveraged tokens dropped a lot. This is the reason why a pullback can generate 10x or even more when using Leverage tokens. This is […]

JAMSY PUMP

JAMSY PUMP

JAMSY PUMP JASMY / TetherUS BINANCE:JASMYUSDT Mohammadiengineer1 HI i belive, Jamsy has a Potential pump know Good luck

The collapse of Tether

The collapse of Tether

The collapse of Tether BTC/USD COINBASE:BTCUSD Youtrade1 This will get ugly. It will be unexpected from many traders however this will be a cleanse for the entirety of the market and the end of a […]