Bitcoin Looking Better, Falling Wedge Pattern + Altcoins

19 Jan 2022

Bitcoin is looking better and better, patience is key.

We are looking at the 4H timeframe and we have a beautiful falling wedge pattern.

We can see the current candle moving above the upper trendline of this pattern.
(Confirmation only comes after candle closure one hour from now).

There is potential to move higher.
You can visit yesterday's trade ideas below for additional information.

Altcoins Market Update

I've been looking at some Altcoins, mainly ALTSBTC, and we have mixed charts, the opportunities need to be fished out.

We have many Altcoins retracing short-term but still trading within higher lows and getting ready to turn.

I would say it can take just a few days to a maximum of 2 weeks before we start seeing very decisive bullish action.

Get ready!
Be prepared!

Thanks a lot for your support.

Namaste.