Bitcoin / BTCUSD is trading inside a Falling Wedge, which just made a new Low today.
Every prior hit on its bottom trendline / support has been a buy signal.
The December 20th and 23rd bottoms rebounded to Resistance A. The December 30th rose a bit more to the 0.618 Fibonacci level.
As a result we can buy and target at least $95750 (Resistance A).
See also how the 4hour RSI made a similar Double Bottom to December's.
Follow us, like the idea and leave a comment below!!
Every prior hit on its bottom trendline / support has been a buy signal.
The December 20th and 23rd bottoms rebounded to Resistance A. The December 30th rose a bit more to the 0.618 Fibonacci level.
As a result we can buy and target at least $95750 (Resistance A).
See also how the 4hour RSI made a similar Double Bottom to December's.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.