1st Post - BTC FALLING WEDGE (CONTINUATION)

Updated
Please don't listen to anything I say...I've never actually done TA until this post.

Anyway, here is what I see.

A falling wedge in an uptrend (1 Hour Timeframe).

I would expect BTC to bounce around the wedge until we reach around either of the light blue horizontal lines (effectively, the pink area).

After that, I would expect (hope) for a breakout from the top of the wedge.

Depending on where the last bounce is on the bottom of the wedge, I would expect a 11%-16% increase in price from the point of breakout in about 1-2 days.

**Again, this is my 1st post - so please don't actually make a decision off of my analysis. However, I would appreciate anyone's feedback (good or bad). Thanks!**
Comment
Had the right idea, but definitely missed the pink area.

I had a couple bids placed around there, but since we never dropped low enough, I missed out on the run.

Considering placing bids in potential breakout zones next time.
BTCWedge

Disclaimer