fawad1235

btc rising wedge 4hr reversal

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS

wait for breakout and retest (if we pump from here no need to short then wait for breakdown)
btc on support as we can see it touches the trendline
also making a rising wedge
btc support is around 47k as we can see the trendline
if we break the trendline and possible retest our next target will be 46500-46200

we always trade level by level if btc bounce back from here we may see 51-52
btc making reversal pattern from few days

overall we are bullish if we break 40k we might go to shit ranges
30-40 :)


43500 is a strong demand zone
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.