@ShaktiWaveTraders



BTCUSD | Technical Outlook



Pattern: Rising Wedge (30M)


Direction: Bullish Bias (Pattern Developing)



Entry: 64305.5400


Target: 64454.8728


Stop Loss: 63970.0700



Analysis: A Rising Wedge has been identified on the 30-minute timeframe and is still developing. Price is holding above the latest swing low while remaining supported by an upward-sloping moving average, indicating buyers are maintaining short-term control.



A sustained move above the entry zone could drive price toward the 64454.8728 target within the next 5 hours. However, a break below 63970.0700 would invalidate the setup and signal weakening bullish momentum.



Key Focus: Wait for candle confirmation before entering. Trade only after the market confirms the direction.

Protect Capital | Trade with Discipline | Grow with Consistency