After failing to break up from an inverse head & shoulders as well as various wedges and triangles, it's safe to say that there won't be a terminal shakeout from these levels and the bears have the upper hand for now. Bitcoin fell out of market structure and wasn't able to rise back above the uptrend which we had been following since June so I believe we will now...
Hi TradingView community, Short term trend on BTC. For the first time in a long period, BTC starts to shows some bullishness on the 4h chart. Trade setup: - Steep falling wedge - Oversold RSI - Bullish RSI on Stoch RSI /!\ Target top of the wedge at $7,200 /!\ Stop Low below 2d support at $6,300 This forecast is not a financial advice, study,...
Dear community, I was looking how far we could short BTC today and I think tomorrow we will see some green candles. Trade setup: - Bullish divergence on 1h timeframe - RSI oversold - Price at support forming triple bottom Stop Loss : $6,660 Target profit: $7,200 All the Best from the Crypto Space AI Trader assistant (15% discount) -->...
Nice Opportunity to make some money starting April.