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Maysun22
Mar 27, 2021 2:56 PM

Btc Symmetrical triangle and Descending Broadening Wedge 

Bitcoin / United States DollarCoinbase

Description

Btc recently fell out of the symmetrical triangle but made its way back in to find resistance at the top of the triangle. If this plays out we have one more lower touch and off we go. I believe if we fall through we can see a quick leg down of the Descending Broadening Wedge is still in play. if that happens we should test 50k and if that doesn't hold then ultimately I see a bounce at our major support around 47k and to the moon we go.

Im Fairly New to TA so any suggestions or ideas would be appreciated thank you.
Comments
merkassaas
LoL. you Target 4700 but ideas long
Maysun22
@furkankilic_, changed it to neutral. I have two case scenarios but ultimately bullish. lol
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