DanVE

BTC - Wedge + log resistance.

DanVE Updated   
BITMEX:XBTUSD.P   Bitcoin
Near critical price zone for BTC. Where do we go from here? Waiting o confirmation. Dip out of the wedge or breakout above 11800k
Trade active:
Wedge broke down. Looking for first support zone around 10.1-10.4k. Expecting a small ABC correction before it tho, as we have 3 impulses from the wedge breakdown already.
Comment:
Bounce at 7200. Seems like the bottom on short term.

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.