Bitcoin is showing MACD cross + low RSI the last couple of days, which indicates room for growth.
There are two possible BTC scenarios if the wedge continues this formation, we can have an early breakout (#1), if that one fails we go for scenario (#2).
NOTE: The upper wedge line could be a little bit off, because there is no wedge confirmation yet.
(This is not financial advice, this is a volatile market where anything can happen)
There are two possible BTC scenarios if the wedge continues this formation, we can have an early breakout (#1), if that one fails we go for scenario (#2).
NOTE: The upper wedge line could be a little bit off, because there is no wedge confirmation yet.
(This is not financial advice, this is a volatile market where anything can happen)
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We are pumping at the moment, let's see if it will touch the upper wedge line.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.
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.