Bitcoin Analysis

Falling Wedge

bullish· break

O $74,742 H $75,500 L $72,585 C $73,634 −1.5% · Vol 9.28K BTC

necklinemeasured targetinvalid

Falling Wedge

bullish · break

what now

Risk to invalidation is over 3 avg ranges from here. Descriptive, not a trade call.

Trigger

close through

$72,885

Invalid

$49,763

Target

$122,088

R:R from here ≈ 2.0

1 of 4 live · 1H forming · 4H quiet · 1D quietin valuefunding aligned

1W · Trigger already throughInvalid 3.8 avg range · ≈ $23,871

Market snapshot

Trenddown

Session—

Avg range (ATR 14 · 1W)$6,206

High-volume (POC)$78,522 · value area $60,185–$91,969 · last 80 1W bars

RSI 14 · 1W48

Details

24h range32% of day

20 & 50-day averagesdeath cross · Oct 28

Glossary

ATR — typical bar. POC — busiest price. Avg range — distance in ATRs. R:R — reward versus risk. Historical reach and structure are separate; adjusted reach scales reach by geometry. Not a win rate.

ATRPOCAvg rangeR:RReachStructure

061218

Mon

Tue

Wed

Thu

Fri

Sat

Sun

Avg hourly range · last 90d · ET. History, not a forecast.

Avg range in the tightest 7% of last 90 1W bars

Break sits in the value area

A close through the boundary projects the opening height of the coil.

T1 · 0.618 $103,292 +40% · T2 · measured target $122,088 +66% · T3 · 1.618 $152,496 +107% · ~49 bars

Nearby · daily levels

SSupport$60,500−2.1 avg range ≈ $13,134 away−2.1 avg range ≈ $13,134 away

GGap$75,820+0.4 avg range ≈ $2,186 awayGap (Fri 4pm–Sun 5pm CT) · +0.4 avg range ≈ $2,186 away

RResistance$74,409+0.1 avg range ≈ $775 away+0.1 avg range ≈ $775 away

Target uses pattern height and structure — not a win rate. Not financial advice.

Desk