BTCUSD Perpetual ContractUpdated Bitcoin Rising Wedge Target
I am looking for one more test around $18435 before some sort of bounce and enter the Spring Bull Market for bitcoin!
This should be confirmed after the break of the "Falling Wedges" upper diagonal price yet to be determined?
Rising Wedge:-
thepatternsite.com/risewedge.html
Bulkowski Falling Wedge formula :-
Highest high or B + ((H – L) * 70%)
B = The breakout price which is where the price pierces a trendline
H = Highest peak of the chart pattern
L = Lowest valley in the chart pattern
This should be confirmed after the break of the "Falling Wedges" upper diagonal price yet to be determined?
Rising Wedge:-
thepatternsite.com/risewedge.html
Bulkowski Falling Wedge formula :-
Highest high or B + ((H – L) * 70%)
B = The breakout price which is where the price pierces a trendline
H = Highest peak of the chart pattern
L = Lowest valley in the chart pattern
Note
Target met!
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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.