hello trader,
BTC is on the move to 3k we all know that is the most likely senario . the question is WHEN ?
well as you can see on the chart i have drawn a descending triangle with a target of 3k's.
- RSI was showing oversold when we bounced off the triangles lower trendline!
- The 2hour candle closed above 3700
note: i see this as a buy oppertunity ,we all know it can go lower but dont try to catch the bottom you wil likely miss it.
Thanks a lot for reading, your time is highly appreciated. If you enjoyed this , please make sure to hit LIKE.
BTC is on the move to 3k we all know that is the most likely senario . the question is WHEN ?
well as you can see on the chart i have drawn a descending triangle with a target of 3k's.
- RSI was showing oversold when we bounced off the triangles lower trendline!
- The 2hour candle closed above 3700
note: i see this as a buy oppertunity ,we all know it can go lower but dont try to catch the bottom you wil likely miss it.
Thanks a lot for reading, your time is highly appreciated. If you enjoyed this , please make sure to hit LIKE.
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We bounced nicely ! This is just a waiting game.
downwards is most likely .