Let's wait for the red exponential average to cut to 50 and the green exponential average to cut upwards.
There is a BTC stuck between 100 and 200 Exponential Moving Average. If you want to place a pending order, 40684 is the appropriate level. If you think the prices are low, you can buy. It is the right decision to stop at at least 2 possible closings below 40684.
BTC has the right to rest a little. Our first support point is 100 exponential, our second support point is 200 exponential.
We can accept 200 as the exponential average support point.
We can consider the wedge indicator as a trailing indicator. As long as it remains above the wedge, the direction is up.
Let's follow 200 as the exponential average support point. Let's look for closes above the wedge indicator to enter the above transaction.
Although there is a Tobo formation on the chart, the targets are drawn according to Fibonacci.
The targets that may occur in upward and downward breakdowns are shown on the chart.
Although there is a reverse head and shoulders formation on the chart, the targets are drawn according to Fibonacci.Let's look for closures where I indicated with X.
Prices are above the yellow wedge, 20 red ema, 50 blue ema. Unless we fall below 0.607, the direction is up.
Prices are above the yellow wedge, 20 red ema, 50 blue ema. Unless we fall below 0.532, the direction is up.
Prices are above the yellow wedge, 20 red ema, 50 blue ema. Unless we fall below 5.86, the direction is up.