after this week's panic and bull run story BTC is currently on a short cool-off wedge. by the way i can see some buy opportunity for today or next day if this falling wedge pattern works out. to find the best entry point we have to wait for the first signs of the break out.
tp1 $3745 , (618 fib )
tp2 $3900 , (the greater falling wedge resistance point)
tp1 $3745 , (618 fib )
tp2 $3900 , (the greater falling wedge resistance point)
Note
first sign of the breachNote
tp1 reached/ trade 1 closedTrade closed: target reached
Note
now market has to decide between a continuing bull run or a relative correction.Note
trade active, going to reach the second goal.Trade closed: target reached
tp2 reachedNote
Good luck!Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.