This is nothing more then a zoomed in view of the wedge I traced out yesterday. As you can see BTC is following it perfectly. We are due for some change here. Most would suspect up by doing wave counts and maybe a bounce inside the wedge, but dang...so little volume. We could go down and test a few resistance zones below the wedge.
If you are watching BTC like a hawk, try to look at the lower minute charts and keep an eye on the candle wicks for some forewarning of where it will move next.
Have a great day!
I am not trying to teach or lead anyone with my TA. I am publishing these for my own historical record. I do however enjoy comments and feedback. This Technical analysis is a new journey for me and I am not an expert. I made a commitment to only trade my own charts, so as to accelerate my learning, and if I can suggest anything to you, do the same!
~Peace
If you are watching BTC like a hawk, try to look at the lower minute charts and keep an eye on the candle wicks for some forewarning of where it will move next.
Have a great day!
I am not trying to teach or lead anyone with my TA. I am publishing these for my own historical record. I do however enjoy comments and feedback. This Technical analysis is a new journey for me and I am not an expert. I made a commitment to only trade my own charts, so as to accelerate my learning, and if I can suggest anything to you, do the same!
~Peace
Nota
wow, not only did it drop out of the wedge, but it also bounced off a few of my lines and the top of my first buy box. Watching it intensely. How will it play out?
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.