BTC has been in a descending broadening wedge for a little while now, and has tested the top side of it more than 5 times, and the bottom twice. This is a bullish pattern obviously, and now BTC is almost about to confirm a close above of it.
BTC is most likely going to hit a measure move of at least $12000, but there needs to be a confirmed 2H candle close above the 200 MA coming in around $11630. If there is a confirmed close above that, it is extremely likely for $12000 to be hit.
- There is also confirmed 1H and 2H bullish divergence likely initiating this positive momentum.
- 1H and 2H stochs and RSI are very positive and erect, with plenty of room to go higher.
Be wary that there still could be a drop in price from here, as a possible test of the breakout point may be possible.
BTC is most likely going to hit a measure move of at least $12000, but there needs to be a confirmed 2H candle close above the 200 MA coming in around $11630. If there is a confirmed close above that, it is extremely likely for $12000 to be hit.
- There is also confirmed 1H and 2H bullish divergence likely initiating this positive momentum.
- 1H and 2H stochs and RSI are very positive and erect, with plenty of room to go higher.
Be wary that there still could be a drop in price from here, as a possible test of the breakout point may be possible.
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.
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.