BCN / BTC Falling Wedge. Local concave bottom.

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I have been following this pump coin for over half a year. At the moment, there is a breakout of the falling wedge resistance. Locally, due to the breakout, a small concave bottom is formed with a target of about 60%. Fully working out of this falling wedge 380%. But it is not necessary that this should happen anytime soon. Also, after the breakout of this wedge, a horizontal channel with a step of about 100% can form. The figure is rather arbitrary as no one knows the future.

In a secondary trend, a large cup (concave bottom) can form and like many scam altcoins on Binance, its target (to resistance) can be taken. This price range is between 0.00000020202 and 0.00000018130. This is a fantastic + 1666%. But I have big doubts that this will happen in the near future, as the market is not “green enough” yet and there is no one to buy at local highs.

BCN/BTC Secondary trend. The target of the cup.

If there is a breakthrough in the price and consolidation above 0.0000002300, then a rapid rise in price is possible. If this breakout of the wedge resistance develops into a local uptrend, I advise you to work in it, and not wait in excess of profit. Do not be greedy in trading and as a result you will be richer.

Always be aware of the risks and exit the market if the price goes against you.

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