Daily review of BTC interval 4H
Hello everyone, I invite you to a short discussion of the Rising Wedge formation created on the BTC chart.
We can observe the formation of the Rising Wedge, which is characterized by a bottom exit from the channel.
For a possible play, you should keep the stop loss at $ 21,630, while entering positions in the marked channel, but the safest will be at $ 20,755, after leaving the channel at the bottom.
The target that can be taken into account is around $ 19,686.
Please watch the EMA Cross 10 and 30 when the red line crosses the green from above to confirm this entry into a downtrend.
We can observe the formation of the Rising Wedge, which is characterized by a bottom exit from the channel.
For a possible play, you should keep the stop loss at $ 21,630, while entering positions in the marked channel, but the safest will be at $ 20,755, after leaving the channel at the bottom.
The target that can be taken into account is around $ 19,686.
Please watch the EMA Cross 10 and 30 when the red line crosses the green from above to confirm this entry into a downtrend.
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.