TradingView
zZzArmiazZz
4 āļ˜āļąāļ™āļ§āļē 2022 āđ€āļ§āļĨāļē 6 āļ™āļēāļŽāļīāļāļē 40 āļ™āļēāļ—āļĩ

BTC Status🧐 

Bitcoin / TetherUSBinance

āļ„āļģāļ­āļ˜āļīāļšāļēāļĒ

⋅
As you can see on this time frame we have a bullish trend at 3 ascending waves from 28Nov till 1Dec and after that, we can see the price near the primary resistance zone is building a falling wedge pattern, this pattern can send the price up but I don't like to see this pattern bottom of the resistance zone !! I want to see this pattern above the support zone, so I don't care about this pattern.
so if we consider that 3 waves are one ascending wave at the upper time frame we need 1 correction wave for that and that price is 16500 this is my opinion what is yours?
if the price break the resistance zone this analysis become fails.

āļ­āļ­āđ€āļ”āļ­āļĢāđŒāļ–āļđāļāļĒāļāđ€āļĨāļīāļ

⋅
price broke the resistance zone.
āļ„āļ§āļēāļĄāļ„āļīāļ”āđ€āļŦāđ‡āļ™
SwallowPremium
⋅
Good useful post definitely!
āđ€āļžāļīāđˆāļĄāđ€āļ•āļīāļĄ