DanelloNZ

BTC 4-hour FALLING WEDGE [ REVERSAL ]

BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
btcusdtper analysis:
timeframe : 4H
Ascending scenario:
If you cross the $ 39,000 range, expect to climb to:
TP1: 40500
TP2: 40950
TP3: 41750
We will have the above.
Descending scenario:
In case of resistance $ 39000 and price return. Expect a drop to the range:
TP1: 37300
TP2: 36400
TP3: 35600
We will have the above.
and also In this time frame,
we see divergence in the MacD indicator and
the RSI indicator is in the range of 40.
An ascending scenario is more likely.



Good luck
DANELLONZ
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