BTCUSD Now has a good catalyst to push higher from this zone. Price is currently trying to move beyond the 200 sma on daily chart. Has reacted off the upper wedge that been extended since august 5th.Follow for more solid setups..
#AHMEDMESBAH
Note
Bulls are fighting hard, they need to defend the zone 46,400 : 45,400Its a good sign that current weekly close was above 46400.
Next week is crucial for bulls, as they need any close above 46800 to prepare an impulsive wave and breakout the minor descending wedge illustrated above.
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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.