Another possibility of double bottom,
strong support @5k,
almost oversold,
in 4 hours timeframe RSI is still bullish.
Need more volume
strong support @5k,
almost oversold,
in 4 hours timeframe RSI is still bullish.
Need more volume
Trade active
After touching major trend line, looks like it’s going towards 8k.Trade active
Falling wedge hasn’t been broken completely, still testing it. IMO, it’s going towards 8-8.5k. There’s high probability that it might jump from that area. Double bottom. We’ve found bottom imo. Hopefully uptrend would start once major resistance line gets broken.
Note
It’s still following the chart.Note
Hidden bullish divergence, let’s see where it takes.
9.5k is still holding. Good support. Indicators are in favour. Fingers crossed *
Trade active
If you noticed, BTC has not broken “the upper lower trend”, it’s retesting again and again, I’m sure this time major resistance is going to get broken.
Trade closed: target reached
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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.