Rising wedge breakout on BTC (4h)
Updated
BTC broke support line of rising wedge figure from my previous analysis. If you want to enter now, SL above 0.5 level (45383), but I recommend waiting for retest.
Target 1: 43484 (major structure level and 0.618 of previous bullish impulse)
Target 2: 41468 (base of rising wedge)
Target 1: 43484 (major structure level and 0.618 of previous bullish impulse)
Target 2: 41468 (base of rising wedge)
Trade active
Price reached 0.786 level. High probability of reaction from it.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.