Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
BTCUSD Bullish Contracting Wedge Breakout
Bitcoin
Long
BTCUSD Bullish Contracting Wedge Breakout
By CryptoGuru888
Follow
Follow
Updated
Dec 26, 2020
0
Dec 25, 2020
BTCUSD has broken out of the contracting wedge pattern identified in the last idea (linked below) backed by a good surge in volume
Given the momentum here, breakout target of $25,300 could be secured in just a few sessions.
Dec 26, 2020
Trade closed: target reached
$25300 First TP acquired (pending 4 hr close) as predicted in just a few sessions
btclong
BTCUSD
btcusdlong
BTCUSDT
Chart Patterns
Technical Indicators
Trend Analysis
CryptoGuru888
Follow
Related publications
Short-term bearish scenario for BTC/USD
by CryptoGuru888
BTCUSD has transitioned into a contracting wedge
by CryptoGuru888
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
.