BTC to 6.9k rising wedge and 0.618 fib resistance
Hi everyone,
Everyone is suddenly turning bullish while BTC 0.94% did not fully retrace yet to 6.9k to meet its play by the book.
What we can observe is that we are closing to the end of the rising wedge which correlates which the 0.618 resistance.
If we look and the Long Term, BTC 0.94% did not fully retrace yet and that's one more indication that "6.9k is needed" in order to get a proper bull market. On top of that the volume has been consistently declining since the end of the short term uptrend at 9.6k.
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Everyone is suddenly turning bullish while BTC 0.94% did not fully retrace yet to 6.9k to meet its play by the book.
What we can observe is that we are closing to the end of the rising wedge which correlates which the 0.618 resistance.
If we look and the Long Term, BTC 0.94% did not fully retrace yet and that's one more indication that "6.9k is needed" in order to get a proper bull market. On top of that the volume has been consistently declining since the end of the short term uptrend at 9.6k.
AI Trader assistant (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
All the Best from the Cryptospace
Giao dịch đang hoạt động:
Hi everyone,
As we can BTC is showing signs of decline. On smaller timeframe one of the rising wedge is already broken and several alts are already in red.
www.coinigy.com/s/i/5b14eeb53284e/
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twitter.com/alteroc_trading
All the Best from the Cryptospace
As we can BTC is showing signs of decline. On smaller timeframe one of the rising wedge is already broken and several alts are already in red.
www.coinigy.com/s/i/5b14eeb53284e/
AI Trader assistant (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
All the Best from the Cryptospace
Bình luận:
BTC is now following the analysis perfectly, target is still the same i.e long term support in the 6.9k area
AI Trader assistant (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
AI Trader assistant (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
Giao dịch đang hoạt động:
We had a down breakout where we took profit before the buying pressure impede the full retracement induced by the rising wedge.
Let see how it plays out. To invalidate the pattern we need a close above $7,800
All the Best from the Crypto Space
Let see how it plays out. To invalidate the pattern we need a close above $7,800
All the Best from the Crypto Space
Đóng lệnh: đạt mục tiêu:
Dear all,
Target achieved. As you can the pattern finally played out. Triple bottom is here, let's hope the bulls show their faces now.
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Target achieved. As you can the pattern finally played out. Triple bottom is here, let's hope the bulls show their faces now.
AI Trader assistant (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
Bình luận:
BTC 1h timeframe bullish triple candle pattern
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All the Best from the Cryptospace