Btc next movement will be like that because of Rising Wedge Pattern. Also we have corona issue. So dump can be happen. If pattern breakdown then next target will be 5k, 4.4k.
Elliot 5 = 0.61% or 100% & 1.23% of wave 1. Already touch 100% fib level. Let's see our next target. After complete this we will see a ABC correction. ©t.me/ARS_TA
Daily candle close above the 0.38 fib level. If weekly candle also close above this level btc will go 0.5 level (11.1k). I also found a confluence area with fib extensions. Waiting for weekly close.
Entry: 8595$ TP: 8800$ SL: 8550$ Risk/Reward:1:2 S/R strategy. Not any financial advice.
In the weekly timeframe we are in a falling wedge chart pattern. If the weekly candle close above the red trendline we will go for bull ran! 😀 Waiting for close. This candle will close on 20 th January. LET'S SEE.
Symmetrical Triangle. Daily timeframe also bullish. So it can be brakout to uptrend.
Congratulations! First target (Right Shoulder) hit. 😎 Next Target has given on the chart. For more update follow my tradingview profile. Thanks. © t.me/ARS_TA