Currently i see a broadening rising wedge on the chart. will be looking for entry around the bottem of this patern. Rsi is overbought and pullback is needed. Open buy position on 0.00676 Support/resistance lines are on the chart.
U can sell now at 0073 and wait for another leg down, thats what i do
Note
As of right now vet got strong impulse after our entry point of 0.00676. Right now is a risky time to invest with btc's current situation. Btc strugling to regain ground, i think pullback of btc to lvl of around 8100 usd is likely. Because of this we will eliminate most risk and make another entry at 0.00676. in case this breaks we can buy more at 0.00645. If btc does the opposite of what we think and goes above 8500 and remains above that lvl for atleast one 4hr candle we can buy vet at 0.0070.
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.