BCN / BTC Falling Wedge. Local concave bottom.
Actualizado
I have been following this pump coin for over half a year. At the moment, there is a breakout of the falling wedge resistance. Locally, due to the breakout, a small concave bottom is formed with a target of about 60%. Fully working out of this falling wedge 380%. But it is not necessary that this should happen anytime soon. Also, after the breakout of this wedge, a horizontal channel with a step of about 100% can form. The figure is rather arbitrary as no one knows the future.
In a secondary trend, a large cup (concave bottom) can form and like many scam altcoins on Binance, its target (to resistance) can be taken. This price range is between 0.00000020202 and 0.00000018130. This is a fantastic + 1666%. But I have big doubts that this will happen in the near future, as the market is not “green enough” yet and there is no one to buy at local highs.
If there is a breakthrough in the price and consolidation above 0.0000002300, then a rapid rise in price is possible. If this breakout of the wedge resistance develops into a local uptrend, I advise you to work in it, and not wait in excess of profit. Do not be greedy in trading and as a result you will be richer.
Always be aware of the risks and exit the market if the price goes against you.
In a secondary trend, a large cup (concave bottom) can form and like many scam altcoins on Binance, its target (to resistance) can be taken. This price range is between 0.00000020202 and 0.00000018130. This is a fantastic + 1666%. But I have big doubts that this will happen in the near future, as the market is not “green enough” yet and there is no one to buy at local highs.
If there is a breakthrough in the price and consolidation above 0.0000002300, then a rapid rise in price is possible. If this breakout of the wedge resistance develops into a local uptrend, I advise you to work in it, and not wait in excess of profit. Do not be greedy in trading and as a result you will be richer.
Always be aware of the risks and exit the market if the price goes against you.
Nota
Nota
Nota
Nota
Nota
✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.