Bitcoin Potential decision point
Btc show clear traingle pattern on daily frame
and could be a Potential decision point
The chart is simple :
1- daily close above the upper trend line of traingle is a buy/long signal toward 11500-12k level in short term
2- daily close below the lower trend line of traingle (around 10300) is a sell/short signal toward 9-8k levels in short term
Both supports /resistances alsow show in chart
This idea for daily frame
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on weekly frame clear rising wedge which is bearish
here is a chart on weekly
weekly frame suggest drop until we close 1w above recent high 12500
If you like my idea hit like button and
Show your opinion and support in comments
and could be a Potential decision point
The chart is simple :
1- daily close above the upper trend line of traingle is a buy/long signal toward 11500-12k level in short term
2- daily close below the lower trend line of traingle (around 10300) is a sell/short signal toward 9-8k levels in short term
Both supports /resistances alsow show in chart
This idea for daily frame
--------------------------------------------------
on weekly frame clear rising wedge which is bearish
here is a chart on weekly
weekly frame suggest drop until we close 1w above recent high 12500
If you like my idea hit like button and
Show your opinion and support in comments
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Penafian
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