Tolberti

Bitcoin BTCUSDT - RSI Bullish divergence + Falling wedge!

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
- We have a huge parallel channel on the daily chart.
- Also inside this channel, we have a falling wedge - bullish reversal pattern.
- If you take a look at RSI indicator, you can spot a bullish divergence with higher lows on the oscillator!
- Due to my Elliott Wave count, we have finished an Impulse wave.
- 0,618 FIB retracement is a strong SUPPORT and we are currently sitting on the level!
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.