#BTC is getting ready for the Big move!!

2023年2月19日

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#BTC UPDATE

BTC is forming this big falling wedge pattern

what is a falling wedge pattern?

The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. Generally, a falling wedge pattern is considered a reversal pattern, although there are examples when it facilitates a continuation of the same trend.

A weekly candle close above 25k could suggest that the market is expecting a bullish trend.

So let's see how the weekly candle closes

* RSI is also sowing some bullish divergences move

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2023年2月19日

ノート

#BTC adam and eve formation in the daily time frame

bulls need to clear the 25k crucial resistance to conform to this breakout
in case of a breakout, we can expect a bounce up to 30k

2023年2月20日

ノート

#BTC

BTC is going up a level by level. The golden cross occurred, a sign of a bull run in the market.

Currently, BTC is attempting to break out the horizontal resistance after being retested successfully above the cup and handle pattern.

MACD crossover is showing bullish momentum. A solid breakout of the horizontal resistance would be the confirmation of the continuation of a bullish rally in the market.