giorgiovie

BTC buy a bounce off 16000-16200

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC is keep forming ascending and descending wedge as it is trying to form a based at the 16000-17000 level, at the moment the wedge is descending so i would expected a break up more than a break down and that the reason why i would long a bounce at support at 16000 to 16250 if price get down there , i would not short here; RSI on 15M and 30M is overbought or near overbought, 1H is neutral moving up and 4H is neutral moving down, that tells me that we may have a pullback soon and i willwait for it , if BTC breaks up here trade is invalidated as well if it breaks down support


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