Long

BTC/USD bull wedge

Updated

Now is the best moment to go up! I will describe below the main thoughts on this movement.
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Note

Since the price respects this level, we can conclude that this is a strong level of resistance, reflecting on it 5 times! having also formed 3 rebounds from the support level, the price has formed a wedge with a rising base, with the latest rebound, indicators on the buyers side, which gives a chance for a possible break through the resistance line and fixing the price higher

Note

The height of the wedge itself also indicates the movement in this direction. When confirming the shape, it should penetrate the distance to a strong resistance level from 2017

Note

but also along with this, if the wedge is not confirmed and the price goes below, a downward triangle is formed, which heralds a decline to the level of 1750

Note

false breakdown, collected stop limits

ALSTRS

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