BTCUSD
Note
Watch for price action near Red Falling Wedge resistance.Note
Sorry, Red Rising WedgeTrade active
Breaking 127.20% Fibonacci will be good bullish confirmation of movement to 161.80% Fibonacci and resistance of Blue Rising Wedge and resistance of Trade ChannelTrade active
Note
Two potential reversal zones 6500 and 6700Trade active
Expecting movement to 161.80% Fibonacci levelNote
Moving in Blue Rising Wedge Expecting movement to 161.80% Fibonacci level
Note
Price reach resistance of Ascending WedgeTrade active
Price reach resistance of trading channel, well done bulls!Note
Open your Long Positions after breakout of trading channel. TP for Long Position should be placed between 261.80% — 361.80% Fibonacci levels (7500 — 8300)
Note
If price bounce from resistance of Trading Channel we should expect downward movement to Support Line of Blue Rising WedgeTrade closed: target reached
Broke channel upTrade closed: target reached
Nov 1Comment: Open your Long Positions after breakout of trading channel.
TP for Long Position should be placed between 261.80% — 361.80% Fibonacci levels (7500 — 8300)
TP1 - Reached
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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.