Hi dear friends, hope you are well and welcome to the new update on Bitcoin.
On 4-hour time period chart, the price action of the BTC has completed bullish BAT and entered the potential reversal zone.
The pricline also at the support of falling wedge and there is also 200 SMA support. The stochastic is also oversold as well.
This trade has profit possibility of 6.8% and the loss possibility is 2%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On 4-hour time period chart, the price action of the BTC has completed bullish BAT and entered the potential reversal zone.
The pricline also at the support of falling wedge and there is also 200 SMA support. The stochastic is also oversold as well.
This trade has profit possibility of 6.8% and the loss possibility is 2%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.