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#BTC WEEKLY UPDATE
This big falling wedge pattern is still in the pay.
(basics info) 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. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend.
> Important support level is 25k > BTC Needs to close this weekly candle above $25400 > The volume is increasing, which is a characteristic of a third wave. We could expect a strong bull run in the market as many indicators are showing.
> 25K will now act as strong support as it is broken after large accumulation and will likewise offer great opportunities in case of retracement.
Stay tuned I will keep updating
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#BTC did a good weekly candle closed
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going good
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#BTC breakout this Broadening Triangle Pattern and currently retesting it. According to the pattern we can expect some good bounce after the retest.