Bitcoin
Singkat

BTC 4HR Rising Wedge

103
I drew this yesterday on the 4HR because I wasn't too sure if we'd bounce. Sure enough, BTC bounce'd back up and is meeting resistance just above 7.5k.

It's forming a nice little channel here with decreasing volume (No real follow through).

I missed this rally myself, I'm still waiting for a retest of $7-6.8k, and won't rush back in.

Historically, there's no real support in this area as well which is another reason for my cautiousness.

I'd give this a few days to play out and see what happens, but if you enter, set tight stops and alerts.

Personally, I'll continue to take a break from the trading for the week and jump back in this weekend.

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.