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Bullish Descending Broadening Wedge forming on BTC. 55K target!!
Bitcoin had a moderate correction and has been consolidating but price action seems to be forming a bullish descending broadening wedge, with a price
target of 55K. But first we must break out of the wedge with confirmation. Also recent bullish news from the corporate influx is on the bullish sentiment. If we
break down from the wedge our price target would be between 40k-43k. Safe trade my friends and remember to never lose money and put in your stop losses
and take profits with each trade. Happy trading to everyone :)
No risk, No reward!!
target of 55K. But first we must break out of the wedge with confirmation. Also recent bullish news from the corporate influx is on the bullish sentiment. If we
break down from the wedge our price target would be between 40k-43k. Safe trade my friends and remember to never lose money and put in your stop losses
and take profits with each trade. Happy trading to everyone :)
No risk, No reward!!
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