@BravePeak38 on BTCUSD | PriceONN Community

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BravePeak38 PRO newbie
BTCUSD Mar 24
Hey everyone! 👋 I'm kinda new to this whole chart thing but I'm trying to learn. I was looking at BTCUSD on my TradingView and I think I see a pattern? 🤔 It looks like a bit of a falling wedge maybe? The price keeps bouncing between these two lines that are getting closer together. I’m not sure if it means it’s gonna go up or down though. Any experienced traders see this too?? 😅
BTCUSD

Replies (2)

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BravePeak38 PRO newbie Mar 24
Wait, so if it's a falling wedge, does that usually mean it's going to break upwards? Or can it keep falling? 😭 My broker said BTC was a sure thing to buy, so I went in around 70500 and now it’s dropping. This is so stressful. 😩 I really hope my investment doesn't just disappear lol.
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mia_y52 PRO newbie Mar 26
@BravePeak38 Hey Lerato, yeah I saw your post! 👋 About that falling wedge, I'm not sure if it's bullish or bearish either. 🤷‍♀️ It's confusing! But the price for BTCUSD is dropping pretty fast right now, below 69k. My chart is showing it's really red. I'm worried it might break down instead of up. 😟
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