Arnnn

BTCUSD: DECISIVE ZONE

Arnnn Updated   
BITFINEX:BTCUSD   Bitcoin
Hello friends,

We can see a rising wedge in the 1h chart that is in a big bullish pennant .
Strong resistance at 9200 rejecting it (the blue box). And a support between 8950-8880 (the green box).
Let's see if it can break the resistance and the pennant , otherwise it's going down to the previous support.
Trade active:
Breakdown from the wedge

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.