Join
June 2, 2026
Login

Rising wedge and is time for BTC to dump!!!

Rising wedge and is time for BTC to dump!!!

Rising wedge and is time for BTC to dump!!!

Rising wedge and is time for BTC to dump!!!

Bitcoin / TetherUS BINANCE:BTCUSDT
Mladen94


Rising wedge and is time for BTC to dump!!!

We have this nice rising wedge on btc . We have one small fakeout with purpose to trap the bulls and confirmation of that is low volume .
I entered my short position at 44.5k because of the daily resistance and i am planing to add more money into the position, if we close 4 hourly back into the rising wadge.
This fakeouts most of the time means fest moves to the downside with big volume from the bears. I hope my bulls are not disappointed with my statement but this is how the market is reacting at the moment.

What do you think about this Rising wedge ?
Feel free to leave a comment.

If you like my ideas please follow me and like the post because i am posting every day and you can find always something interesting on my profile, i am new to Treadingview but i have 6 years expirience in trading.

BTC TO THE MOON!!!

Previous Article

Long ETH trade here on short term

Next Article

BTC/USDT Major Breakout Possibility

You might be interested in …

If you don't read, you're missing out on a lot.

If you don't read, you're missing out on a lot.

If you don't read, you're missing out on a lot. SHIBUSDT Perpetual Swap Contract OKEX:SHIBUSDTPERP yasindemirhan97 Hello my friend. After its initial upswing, the Shiba took a dip and oscillated sideways for 145 days. It’s […]

BTCUSD weekly (21/05/2022)

BTCUSD weekly (21/05/2022)

BTCUSD weekly (21/05/2022) Bitcoin / U.S. dollar BITSTAMP:BTCUSD AVNGL01 Quick analysis of Bitcoin ; Today we are going to see the extended flag model that is forming the price of the BTC /USD pair in […]

Bet or beat?

Bet or beat?

Bet or beat? Bitcoin / U.S. dollar BITSTAMP:BTCUSD BizzarTrading Hello cryptofolks There are 2 possible scenarios in my opinion The blue and the green Probably there will be other more possibility that are not mentioned […]