$BTC Descending Broadening Wedge 1h [LONG & SHORT signs]
Bearish signs:
- Downtrend: Below 1h and 4h EMA ribbons
Bullish signs:
- Descending Broadening Wedge
- RSI about to break under 30 on 1h and 4h time frame
- The further the wedge gets from the EMA ribbons the more likely a breakout will be to the upside
This is my second published idea. You're very welcome to give me feedback. I'm seeking enough reputation to be able to access the chat.
- Downtrend: Below 1h and 4h EMA ribbons
Bullish signs:
- Descending Broadening Wedge
- RSI about to break under 30 on 1h and 4h time frame
- The further the wedge gets from the EMA ribbons the more likely a breakout will be to the upside
This is my second published idea. You're very welcome to give me feedback. I'm seeking enough reputation to be able to access the chat.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.