💥🚨 Rising Wedge? $BTC Alert: Major Crash Coming? Don't Get Trapped! 🚨🚨
We usually don't share $BTC trading charts, but we want to provide you with a glimpse of our technical analysis. This is something you can look at on your charts as well. Our aim is for you to learn and understand these patterns. 💰
Rising Wedge Pattern? on 6HR & 8HR TF: 🤯📉
Currently, we can clearly see a rising wedge bearish pattern on the 6-hour and 8-hour timeframes for Bitcoin. This indicates a likely continuation of the downtrend. As we’ve previously mentioned, Bitcoin is expected to retrace to the $41k - $44k range. Make sure to read up on the rising wedge pattern and plot it on your Bitcoin chart to understand pattern trading. 👍🏻💎
Don't Get Stuck in a Long Position 🛑
The signals are clear: Avoid going long ⚠️ on $BTC right now. Getting caught in a long position could be disastrous, and no one will be able to save you.
Who Thinks the Market Can Hit $100K in August? 🚨
If you believe the market can hit $100K+ in August, let us know in the comments! And feel free to unfollow me. 📉
What About Altcoin Trades? 🌿
Many have requested altcoin trades, and we do provide 3-5 daily trades. However, we do not offer these trades on Binance Square due to platform restrictions and potential delisting of our posts. 💰
How to Tip 💸
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Stay tuned for more updates and be cautious with your trades!
#SOFR_Spike #bitcoincrash #BinanceTournament #MtGoxJulyRepayments #Bitcoin_Coneference_2024