Bitcoin Setup & Levels

Updated
BTC / USDT 4h

Current setup what I see

Falling wedge

+TR - bullish trend reversal on the 1h & 4h

Bulls need to hold the $7050 & $6850 levels

Bullish if breakout $7300 area trendline & 0.618 fib
Trade active
Update

Up 4% since broke out trendline & 0.618 fib resistance

Next resistance ahead Rk3 (red cloud) & the RyLvl reversal level shown on chart $7717

Good for bulls if they can manage to break out those levelx next & hold 0.618 fib
Trade active
Update

Broke out trendline

Broke out RyuLvl

TP1 +12.9% reached
Trade active
Update

Setup aged well. Reached TP3 +29%
Bitcoin (Cryptocurrency)BTCChart PatternscryptoTechnical IndicatorstrendTrend Analysis

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