Long
BTS/BTC - Falling Wedge @ 1H chart
- Seems like a small falling wedge is forming, even though far from perfect. Indicates possible upward outbreak.
- StochRSI indicates oversold level
- Logical correction after yesterdays explosive upwards movement, are we at the bottom?
We might continue the bull run on the short term, otherwise it will cool off some longer.
T1 => 300 sats
T2 => 440 sats
T3 => Pluto
Take profit below the target.
- StochRSI indicates oversold level
- Logical correction after yesterdays explosive upwards movement, are we at the bottom?
We might continue the bull run on the short term, otherwise it will cool off some longer.
T1 => 300 sats
T2 => 440 sats
T3 => Pluto
Take profit below the target.
Note
The wedge was broken upwards, but we need more before we can call it a reversal.
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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.