It looks like BTC is forming a falling wedge on the hourly timeframe
Bullish RSI divergence gives us extra confirmation
To catch this move we have to wait for a break of resistance trend of falling wedge, this will trigger our long
SL: $6299
TP: downtrend is final TP but we should lock in profits on the way up
Bullish RSI divergence gives us extra confirmation
To catch this move we have to wait for a break of resistance trend of falling wedge, this will trigger our long
SL: $6299
TP: downtrend is final TP but we should lock in profits on the way up
Order cancelled
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.
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.