Bitcoin in possible Ascending Broadening Wedge

Hi guys looking at daily structures on BTC and I discovered possible WXY pattern for correction which may take us to 5k zone.

I may well be wrong but do have a close look on the correction we have so far we have completed the led W and I believe leg Y is almost done or already completed.

Post will be given timely attention as it will be updated with a real time market effect.

From our last post the double bottom is still well in play with the price been kept inside the potential bullish flag. check this out here.

Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.

BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS

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Thank you

Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.

Zlecenie aktywne:

Price still keep holding bottom side of the Ascending broadening and checking the wave structures seems to be holding wave 2 right now, let see if this hold before we move to upside for possible wave 3.

Expected target downside ranges between 3450-3500

Zlecenie aktywne

Zlecenie aktywne

Zlecenie aktywne:

Nice analysis price never pass our accumulation zone. Beautiful

Transakcja zamknięta: osiągnięto wyznaczony cel:

Great price hit immediate sell target