Bitcoin

BTCs 2 Bullish Patterns + A Bullish Divergence (Zoomed In Chart)

122
BTCs 2 Bullish Patterns + A Bullish Divergence (Zoomed In Chart)

2 Bullish Patterns, A Descending Broadening Wedge (Blue Lines) , and a Falling Wedge (Yellow Lines)
Plus: A Bullish Divergence (Green Lines)
Outlook: Upward Breakout
Target: $12,300-ish

Outlook: Downward Breakout
Target: $9,800-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


Zoomed Out Chart:
BTCs 2 Bullish Patterns + A Bullish Divergence (New Targets)

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.