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Bitcoin

BITCOIN

By ArShevelev
Updated
BTCUSD
Note
Watch for price action near Red Falling Wedge resistance.
Note
Sorry, Red Rising Wedge
Trade active
Breaking 127.20% Fibonacci will be good bullish confirmation of movement to 161.80% Fibonacci and resistance of Blue Rising Wedge and resistance of Trade Channel
Trade active
Note
Two potential reversal zones 6500 and 6700
Trade active
Expecting movement to 161.80% Fibonacci level
Note
snapshot
Moving in Blue Rising Wedge Expecting movement to 161.80% Fibonacci level
Note
Price reach resistance of Ascending Wedge
Trade active
Price reach resistance of trading channel, well done bulls!
Note
Open your Long Positions after breakout of trading channel.
TP for Long Position should be placed between 261.80% — 361.80% Fibonacci levels (7500 — 8300)
Note
If price bounce from resistance of Trading Channel we should expect downward movement to Support Line of Blue Rising Wedge
Trade closed: target reached
Broke channel up
Trade closed: target reached
Nov 1
Comment: Open your Long Positions after breakout of trading channel.
TP for Long Position should be placed between 261.80% — 361.80% Fibonacci levels (7500 — 8300)

TP1 - Reached
Bitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTChart PatternsCryptocurrencycryptomarketTechnical IndicatorsTrend Analysis
ArShevelev
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