Looking at the 1 day chart on BTC
What is BTC playing inside the wedge. Will it break bullish or bearish? Time will tell
If bullish target is between the 618 and 786 fib
Histogram looking ok
Willy is not yet over sold
Volume is dropping off
OBV has made a bullish cross
For me I will be watching how BTC plays out this wedge before I make any trades. Sometimes its better to cool your jets rather than forcing a trade.
* Don't forget to hit that like button and follow me on Trading View for more chart analysis :)
What is BTC playing inside the wedge. Will it break bullish or bearish? Time will tell
If bullish target is between the 618 and 786 fib
Histogram looking ok
Willy is not yet over sold
Volume is dropping off
OBV has made a bullish cross
For me I will be watching how BTC plays out this wedge before I make any trades. Sometimes its better to cool your jets rather than forcing a trade.
* Don't forget to hit that like button and follow me on Trading View for more chart analysis :)
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