BTC/USD Possible reversal area

Now that BTC is having a correction we can look for interesting buy zones

Longer term trendline + 100 MA + previous high

if we get a reversal candle near that area we have a buy opportunity

Good luck!

Trade active

Looks like tis 12H Hammer will give us a reversal

Note

we are going to longer term trend

Note

falling wedge played out and retested
going down to 11K area

Note

If we break resistance trend we are going to $16K
If we break support we are going to $10.4k

Note

We reached 16k

Note

Next resistance is going to be $17.2k area.
If we break that area we are going to see ATH

Note

We are currently in a channel and we bounced off $17.2K
Target is potential reversal area
If we get a reversal, next target should be upper trend line

Note

we have a bounce

Note

There was another sell off
We are currently forming a rising wedge on the 1H TF

Note

We broke the rising wedge to the upside
If we can close above $14.2k, next stop is resistance trend

Grimland

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Grimland

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