Hey everyone,
Bitcoin has broken the Big falling wedge represented with the blue line in the chart.
Now it is going to test the blue box, the not so strong support, where we can reverse and up or if price doesnt hold, the most probable scenario is to test the 6000$ support zone.
To open a trade now is very risky, we should wait a breakout in the 7500 zone to confirm upward movement.
Tomorrow is monday and the volume is going up, more news and a new day, where we can have a surprise!
I will be updating this post as soon we get 10 likes, giving you the latest updates.
Be sure to follow me if you like my charts, im only beggining and i am having a very positive experience in the TV community!
Looking forward to hear from you!
Mr.TTT
Bitcoin has broken the Big falling wedge represented with the blue line in the chart.
Now it is going to test the blue box, the not so strong support, where we can reverse and up or if price doesnt hold, the most probable scenario is to test the 6000$ support zone.
To open a trade now is very risky, we should wait a breakout in the 7500 zone to confirm upward movement.
Tomorrow is monday and the volume is going up, more news and a new day, where we can have a surprise!
I will be updating this post as soon we get 10 likes, giving you the latest updates.
Be sure to follow me if you like my charts, im only beggining and i am having a very positive experience in the TV community!
Looking forward to hear from you!
Mr.TTT
Note
We broke the Triangle! next stop 7100 level.Note
Wow, what a big drop... Big players making plays... Huge Sell walls ive seen...Right now Bitcoin is looking for support, the next big Support is in the 6500 zone.
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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.