Falling Wedge (16M) - Scalp Oppurtunity
2025-01-10
Category: None

Hi there,

It appears BTC has fallen into a Falling Wedge pattern. The price appears to be rejecting the resistance of the wedge. If it fails to break this could be a good scalp down towards the neckline of the H&S on larger timeframes of 12H/1D. It could also wick down to support of the wedge. Trade carefully. These are volatile times.

Targets: 
$92,000
$90,800

Thank you for taking time to look at my analysis

Any feedback/insight into my idea is greatly appreciated.
