UnknownUnicorn26161185

BTC- Daily- Falling Wedge Pattern and indicators

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
CMF - Money flow is at its recent high negative cash
flow which signals that its near exhaustion and is about to reverse course to the positive

The RSI recently gave me a buy signal, and sits at 38rsi
Its also signaling a bounce here which is a reversal signal.

MACD is at convergence at negative 2022 (same as the year!)

All the indicators are pointing to upwards pressure .

3-Wave pattern detected.

$40,000 RETEST COMPLETED. $40K is SOLID support.
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.