BTC rising wedge
Updated
BTC has been forming a rising wedge in the past few days. 1D 200 EMA + 4H 100 EMA acted as strong resistance. watch closely for a break of the bottom trendline of the rising wedge, white fat line is strong fibonacchi retracement. Take profit area's are marked in green.
Trade active
It broke the bottom trendline as you guys can see. It bounced on the fib, told you guys it was a strong one. watch for a break of the fib.Trade active
Updated
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.