đ Bullish Falling Wedge Breakout on the Horizon!
đ Market Update: Bitcoin has formed a Bullish Falling Wedge on the daily chartâan indicator of a potential breakout to the upside. With price tightening after a series of lower highs and lower lows, buying pressure is building.
đ Trade Setup:
Entry: $64,500
Take Profit (TP): $68,800
Stop Loss (SL): $63,200
đĄ Outlook:
The falling wedge often signals a shift from downtrend to uptrend. A breakout above resistance could trigger a strong rally. Watch for rising volume and RSI crossing above 50 as confirmation. Stay disciplinedâadjust stop-loss as the trend develops.
đ„ Bullish momentum is gaining steamâbreakout could be imminent!