Hello guys, I believe this idea worth sharing, BTC trading inside potential ascending broadening wedge. We have price pull back to test the wedge trendline which worth looking into as a good BUYING zone.
Remember market seems to be extremely overbought, so stop loss application is a must. Best stop loss will be below yesterday low.
Kindly follow the suggested BUY zone on the chart and always remember to apply stop loss according to our risk management.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
Kindly go through the chart and do leave us your comments to let us know how you feel about our view,
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Thank you.