Possible rising wedge formed on 1 hr chart. If we don't break it, expect a retrace to the first (weak) or second (strong) support levels. Targets are: 1. 5000 sat 2. 5700 sat.
5000 is strong support or normal ?? And what do u think about 6000 target ?? My buy range?? And what will be next target can u update another chart for this, it will be awesome
kaisermidas
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@Manish_Gera, Hi,
Right now 5000 is a weak support. 6000 target is possible since I see a cup and handle formed, so the price should go up to 6800 in a mid term. Put a stop-loss at 5% under your entry price in case BTC drops or whales dump the price. Don't forget to sell the news :)
Manish_Gera
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@kaisermidas, oh thats for sure. Thanks for response. It will help _/\_