BTCUSD hit our previous analysis at intraday setup 5
Now this coin complete three drives pattern inside rising wedge pattern, and already hit wedge resistance.
Both of this pattern is danger, with bearish result,
if this coin drop :
1. we have support at 6063.91 and
2. three drives pattern projection at 5391.00
For bullish,, we still have symetrical triangle projection at 6939.40 (from intraday setup 6), but we have to break this bearish pattern first.
i will update this analysis if :
# we have bullish pattern
# Support reach
# or three drives pattern projection reach
Happy trading, good luck.
If you have any opinion, about this analysis,.. share your comment, and very appreciated if you hit like/agree for this analysis
Now this coin complete three drives pattern inside rising wedge pattern, and already hit wedge resistance.
Both of this pattern is danger, with bearish result,
if this coin drop :
1. we have support at 6063.91 and
2. three drives pattern projection at 5391.00
For bullish,, we still have symetrical triangle projection at 6939.40 (from intraday setup 6), but we have to break this bearish pattern first.
i will update this analysis if :
# we have bullish pattern
# Support reach
# or three drives pattern projection reach
Happy trading, good luck.
If you have any opinion, about this analysis,.. share your comment, and very appreciated if you hit like/agree for this analysis
Note
previous analysis :
Order cancelled
rising wedge break up, this analysis closeTrade closed: target reached
triangle projection reach
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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.