btc / usdt new map
i mapped out everything that's still valid at this point in time for you guys . the blue line is the support of the rising wedge we've established some time ago , we'll probably break it to get a liq grab but it would surpise me if we wouldn't go back above it after that . the 3 blue lines are the pivot point for today , they can be looked at as a support for today . all of them funny enough confirm with the yellow ' target drop zone " and the next 2 fib levels ( green bar ) we're looking at ( they will also work as support ) . to summarize it : support at 42337 , 41545 , 39943 . to not break the falling wedge (red lines ) it would take 5 days . i think a drop bellow 39682 is unlikely for this setup
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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.