DZ3572

BTC hourly falling wedge and scouting daily higher low

DZ3572 Updated   
BITFINEX:BTCUSD   Bitcoin
BTC hourly starting to look a lot like a falling wedge that is on the verge of breaking bullish - watching anytime now for a break to a higher high of 9138 and then 9200 is the key break to a higher high to let us know the temporary bottom is in - and start looking for a move perhaps towards 9600 or so. R/R if we break out of the wedge is 150 down to 450 up.
Comment:
that should read 9272 not 9200
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.