Zaraki11_AY

TROY/BTC ABCD pattern plus falling wedge support

Long
BINANCE:TROYBTC   None
First time publishing but a very nice Buy here. Compeleted ABCD pattern, 1.618 extension, oversold on 1 hour TF should hit at least the top of wedge and quite potentially breakout of the wedge afterwards. Please like!
Comment:
It is well near the 2.0 fib extension, ideally it should have bounced at 78 to form a perfect bullish crab pattern but it could bounce here, so this is just my opinion but I bought at the 1.618 extension and am holding thinking it will bounce at the 2.0
Comment:
Comment:
Interesting that the 0.236 fib resistance coincides with the 200 MA on the 4 HR, we are in oversold territory, I am going to a bit patient and look to sell near 99 sats
Comment:
no 3 day chart here on TV, so that's from coinigy

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.