Bitcoin - Falling Wedge

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Falling Wedge = Bullish Pattern
Bullish Divergence on the RSI is giving Bulls the long position signal.

Upside Targets: Fib 38.2% & 50%


Watch out for STOPS-HUNTING BOTS!!!!

*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.

Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.

Remember to always, ALWAYS PLACE YOUR STOP LOSS at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.

>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<

Constructive and positive comments are welcome. Be courteous.

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More Power To All Your Trades,
Ron (The Intrepid Trader)
Comment: 38.2% Fib Level Target Reached
Comment: 50% Fib Level Target Reached


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