Good Day my fellow traders! BTCUSD pair has broken out of it's falling wedge pattern and is currently back testing its previous resistance. As I stated before, this was a bullish pattern and BTC also had a bullish cci divergence on the 4 hour. Current target will be $33k if Sir Bitcoin bounces of its current price level.
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
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BTCUSD is currently building upward momentum pressure. Currently there's a small bullish divergence on the chart...in addition a bullish cross-over attempt on the stoch rsi. I expect another retest of $31.9. Either a break-thru or another rejection. Thus far resistance has turned into support...still bullish. :-)
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Quick Update:
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The wedge has broken down...$27k pricing is the target.
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Fake out break...strong reversal with vol...$33k-$34K Target.
トレード終了: 利益確定目標に到達:
TARGET OF $33K HAS BEEN REACHED...TRADED CLOSE
