BTC - Falling Wedge with Fib levels
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Anything on chart can be measured and explain logically. Using our wedge I want to show You that trading can be nice and easy. We don’t have to guess where price gonna stop or where is the top so we can close our position and enjoy money we made.
Falling wedges are known to break upwards ( statistically more chances to break up then down ). With a help of Fibonacci we can almost predict entry and exit points for our trades.
I’ve been saying that BTC is in strong uptrend and falling wedge proves that again.
Conclusion - in my opinion BTC will go up. I see 9700 easy target and from there…
This information is not a recommendation to buy or sell.
Please LIKE this post if You think it's helpful. More likes gives me more exposure. Share this if You think You can help anyone to understand price move with this post.
Falling wedges are known to break upwards ( statistically more chances to break up then down ). With a help of Fibonacci we can almost predict entry and exit points for our trades.
I’ve been saying that BTC is in strong uptrend and falling wedge proves that again.
Conclusion - in my opinion BTC will go up. I see 9700 easy target and from there…
This information is not a recommendation to buy or sell.
Please LIKE this post if You think it's helpful. More likes gives me more exposure. Share this if You think You can help anyone to understand price move with this post.
Nota
1.61 level defended Just to let You know that telegram group is open and from next TA all updates will be available on telegram. Look for balocik on telegram
Nota
Telegram channel is open. Look for BalocikTANota
We are heading towards 1.61 level.0.38 achieved
Nota
9340 expect temporary drop as Bearish bat is waiting there for usNota
1.61 support is broken but we are still in wedgeNota
Bearish Cypher on 30MIN - expect struggle here. Also hit 0.38 fib levelNota
anyone who did not hit LIKE button but enjoy this TA please LIKE itNota
The price is struggling to climb over 0.38 level and rising wedge if formed which indicate another price dropNota
And price is dropping as expected
Penafian
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