maybe be a good long entry at bottom of wedge for target of 8800. Awaiting trend bounce to buy in. Mind you guys this is only a trade for people who have experience with day trading wedges. May bounce off top of wedge for another leg down and that will be my sell point to buy in at a lower price.
My Previous prediction so far has been playing out perfectly. Time to Short First Target will be 0.236 Fib at 10.4k Second Target is 9.6k at 0.382 Fib.
Btc is back in the Bear Market so we need to trade according to the market conditions. Panic Selling is starting to take place and Smart money is no longer be coming in. Witch ultimately means expect prices will to continue to decline. These are my Short term targets. Target #1 8900 Target #2 7200
I'm Expecting btc to rise to the top of the channel at around 10.500 then fall and break out to the 0.382 fib line or 9600. BTC is Short term bearish.
On the looks for a rising wedge that appears to be forming. Expecting a fall to 0.382 fib or 9600.
Rising Wedge Looks to be forming. Looking for a increase to the top of the wedge and retrace showing wedge confirmation. Very Bearish. On the look out.