Big Move AHead!? BTC had a hard month and might be ending the year below 50k. The rising wedge we have had already breakout to the downside and touched the target breakout of $46,712.19, so now we are waiting for another pattern to form and see where it will take us. In 1-Hour Timeframe we are currently forming a Double Bottom (W) pattern which shows bullish....
BTC correction is expected to last for up to 2 more weeks to come, but bullish year-end is still on its way.
Contract - CME_MINI:MNQH2021 - High - 12855.75 - Low - 12840.00 Current Stats - Gap: = N/A - Session Open ATR: 165.99 - Volume: 8k - Trend Grade: Bullish Key Levels (Rounded - Think of these as a range) - Long: 13337 - Short: 10650 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target...