Dear all,
Here is the setup I am following on BTC.
I think that like during the first correction from $19,900, we will have a wick downward outside the falling wedge to touch support before breaking upwards.
Chart analysis is based on:
- Fib level
- Chart patterns
- Fractals
- Support & Resistance
- Trendlines
- RSI
I expect reversal to take place in the $5,550 to $5,400 range.
All the Best from the Crypto Space
Alteroc
Here is the setup I am following on BTC.
I think that like during the first correction from $19,900, we will have a wick downward outside the falling wedge to touch support before breaking upwards.
Chart analysis is based on:
- Fib level
- Chart patterns
- Fractals
- Support & Resistance
- Trendlines
- RSI
I expect reversal to take place in the $5,550 to $5,400 range.
All the Best from the Crypto Space
Alteroc
Trade active
After reworking the fib levels from back to 2013, $5,700 can play an important role.I still think $5,400 will be the key level, however $5,700 is the next in line for now.
Note
Potential Diamond bottom on the 4h 
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Related publications
Disclaimer
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.