BTC / USDT 4h
Current setup what I see
Falling wedge
+TR - bullish trend reversal on the 1h & 4h
Bulls need to hold the $7050 & $6850 levels
Bullish if breakout $7300 area trendline & 0.618 fib
Current setup what I see
Falling wedge
+TR - bullish trend reversal on the 1h & 4h
Bulls need to hold the $7050 & $6850 levels
Bullish if breakout $7300 area trendline & 0.618 fib
Trade active
Update Up 4% since broke out trendline & 0.618 fib resistance
Next resistance ahead Rk3 (red cloud) & the RyLvl reversal level shown on chart $7717
Good for bulls if they can manage to break out those levelx next & hold 0.618 fib
Trade active
UpdateBroke out trendline
Broke out RyuLvl
TP1 +12.9% reached
Trade active
UpdateSetup aged well. Reached TP3 +29%
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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.