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CryptoSlots777
Nov 1, 2022 9:55 AM

BTC inverse Adam & Eve Long

Bitcoin / TetherUSBinance

Description

Double bottom in falling wedge on BTCUSDT on daily ?

Confirmation over 24.4k-25.3k range.

1. Double bottom target is 32k
2. Second target should be the 0.786,0.886 fib zone of previous wave down B-C
3. 56k final measured move of the falling wedge.

The stop loss should be around the 19k level

Comment

Critical that we stay above this level
Comments
Dtrader2020
this will not age well after today or In the next couple of days up to December.
CryptoSlots777
@Dtrader2020, you might be right, the context is not that great but the risk reward is pretty good
InkyGrip
Good chart! Good change to go up
SwallowPremium
Excellent overview, thanks for sharing!!
MirwaisSalih007
one of the most logical analysis
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