Hey guys still holding my view on missing wave 4 or are we ready for big dump. I decided to make the chart in dual view.
Looking on 4hrs chart we have a very strong rising wedge which price had been playing on for days now and this have huge tendency for drop.
On the daily chart we have big channel which still holding price with all its power and today closing will be a greatest test for the channel because if price close above 5310$ the channel setup will be invalidated.
For now since BTC is not stable moving up and down will be best time for leverage traders by playing the range.
For now I will choose to wait for the breaking of the RISING WEDGE before i make any move.
Thank you
Looking on 4hrs chart we have a very strong rising wedge which price had been playing on for days now and this have huge tendency for drop.
On the daily chart we have big channel which still holding price with all its power and today closing will be a greatest test for the channel because if price close above 5310$ the channel setup will be invalidated.
For now since BTC is not stable moving up and down will be best time for leverage traders by playing the range.
For now I will choose to wait for the breaking of the RISING WEDGE before i make any move.
Thank you
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
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.