Hi there,
It appears BTC has fallen into a Falling Wedge pattern. The price appears to be rejecting the resistance of the wedge. If it fails to break this could be a good scalp down towards the neckline of the H&S on larger timeframes of 12H/1D. It could also wick down to support of the wedge. Trade carefully. These are volatile times.
Targets:
$92,000
$90,800
Thank you for taking time to look at my analysis
Any feedback/insight into my idea is greatly appreciated.
It appears BTC has fallen into a Falling Wedge pattern. The price appears to be rejecting the resistance of the wedge. If it fails to break this could be a good scalp down towards the neckline of the H&S on larger timeframes of 12H/1D. It could also wick down to support of the wedge. Trade carefully. These are volatile times.
Targets:
$92,000
$90,800
Thank you for taking time to look at my analysis
Any feedback/insight into my idea is greatly appreciated.
Pesanan dibatalkan
Pattern invalidated, broke out of the falling wedge with no volume whatsoever and began going up in a rising wedge instead. Still no volume, wondering whether it was a fakeout.
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.