BTC finalizing consolidation fase

تم تحديثه
We can see here a Bullish falling wedge pattern on the BTCUSD pair. The 3 hour RSI has some more room to Grow, I see Bitcoin attempting to break resistance and fall back one more time. We are getting close to two strong support lines, the first one is holding since September '17.

Sell Range: 11850 - 12400
Buy Range: 8600 - 9400

In case we fall below the buy zone, next support will be at 5600. But there we will face a big buying pressure, so I don't expect this to happen. But you'll never know. I could also be wrong.
ملاحظة
All indicators are looking good, there is still some room to grow. I will update once we enter the sell range.
لقطة
ملاحظة
We are going through a small trend reversal. Already broke out of the wadge. Still looking good on the 6 hour timeframe. Looking forward to reach the sell zone
ملاحظة
لقطة
تم فتح الصفقة
We entered the Sell zone. Still not sure if it's going to bounce back to resistance. On the daily MACD and RSI we have still a big grow potention. I will wait that the price raises a bit more and then setup a stop loss within the sell zone in case the price will dump
تم فتح الصفقة
Pretty happy with my prediction. There was a trend reversal as soon as we hit the sell zone and it seems we are heading right into the buy zone. Took some more time to develop but the trade is definitely valid.
ملاحظة
لقطة
أغلقت الصفقة: تم الوصول للهدف
Yeah! Entered buy zone! Trade was successful لقطة
BTCUSDconsolidation-breakoutFalling WedgeSupport and ResistanceTrend LinesWedge

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