BitcoinShort
BITCOIN-RISING WEDGE FORMATION
BITCOIN
*The negative risk sentiment accelerates further selling of this pair
*Most of the cryptocurrencies followed the same suite
*5600 is the recent resistance zone which is also a 23.6 Fibonacci level
*The rising wedge pattern is forming will cause further falling
*We can open short positions at 5600 level
*Potential take profit will be 4780 level which is also a 78.6% Fibonacci level
*Stop lose may placed above 5800 level
*Leave your valuable comments below
*The negative risk sentiment accelerates further selling of this pair
*Most of the cryptocurrencies followed the same suite
*5600 is the recent resistance zone which is also a 23.6 Fibonacci level
*The rising wedge pattern is forming will cause further falling
*We can open short positions at 5600 level
*Potential take profit will be 4780 level which is also a 78.6% Fibonacci level
*Stop lose may placed above 5800 level
*Leave your valuable comments below
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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.
Related publications
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.