TA wise never ever fade a descending broadening wedge pattern, it is a powerful bullish reversal pattern. First target of resistance is the $44k level followed by the $47k level.
GL
GL
Kommentar:
this is what flipping resistance to support looks like friends
Kommentar:
we have now formed a bullish pennant pattern ,if it plays out the first level it must crack is the 47k region then the target is $50k
Kommentar:
HOLY SHIT, now this is what happens when everyone on X talks about the same pattern, market makers take advantage of it and liquidate traders, I will not panic unless we go under the major support, this is a clear liquidation move!
You should have had SL at support of pennant!
You should have had SL at support of pennant!