Bitcoin Has 2 Bullish Patterns Plus A Bullish Divergence
2 Bullish Patterns, A Descending Broadening Wedge (Blue Lines) , and a Falling Wedge (Yellow Lines)
Plus: A Bullish Divergence (Green Line)
Outlook: Upward Breakout
Target: $12,700-ish
Bitcoin has the tendency to go the opposite way or do an "FU" move with Stop_Hunting Wicks.
Always remember to place your stops at the appropriate levels.
Happy Trading Everyone.
Ron
2 Bullish Patterns, A Descending Broadening Wedge (Blue Lines) , and a Falling Wedge (Yellow Lines)
Plus: A Bullish Divergence (Green Line)
Outlook: Upward Breakout
Target: $12,700-ish
Bitcoin has the tendency to go the opposite way or do an "FU" move with Stop_Hunting Wicks.
Always remember to place your stops at the appropriate levels.
Happy Trading Everyone.
Ron
Note
Downward Target: $10,200-ish<deleted>
Note
Upward Breakout Target: $12,500-ishNote
Upward Breakout Target: $12,500-ishDownward Breakout Target: $10,200-ish
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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.
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.