Bitcoin has broken out of the descending inverse wedge.
A good time to go long, we will see how it plays out.
A good time to go long, we will see how it plays out.
Note
Hello guys, sorry for the bad chart layout, I was on vacation and only had my cellphone available.We are expecting BTC to hit our purple box indicated in the snapshot below:
Trade closed: stop reached
Closed at 0% profit.BTC showing weakness and we might have another pullback.
There is also a red hammer showing on the weekly chart.
Will let you know in my next analysis.
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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.