BitcoinUpdated Beautiful wedge on $BTC over several supports
Clear wedge forming on BTC over several supports:
- Parallel multiyear channel
- Important VWAP quarter horizontal line (orange line that coincides with a Fib Level - blue line)
- Fib Level (blue line) from last flag in February
- Insinuating over wedge ceiling line (dark blue)
So, we have a very good confluence there; maybe a scary quick drop possible to reach the bottom of the wedge, there on the confluence of already signaled fib level and VWAP quarter lines of support
The target of this wedge is the all-times-high (red line, past 72k usd)
BTC over several supports:- Parallel multiyear channel
- Important VWAP quarter horizontal line (orange line that coincides with a Fib Level - blue line)
- Fib Level (blue line) from last flag in February
- Insinuating over wedge ceiling line (dark blue)
So, we have a very good confluence there; maybe a scary quick drop possible to reach the bottom of the wedge, there on the confluence of already signaled fib level and VWAP quarter lines of support
The target of this wedge is the all-times-high (red line, past 72k usd)
Note
Target achieved!
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Do you want to trade like a time traveler from future knowing exactly what markets will do?
Trade with this level of confidence!
With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
Trade with this level of confidence!
With "Long Term Trade" Reports by bitcointaf.com/conrado we deliver future charts from 6 to 100 months in advance
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.