pirouzmoradi

pirouzmoradi

Bitcoin is on a firm support line. Also RSI is having a pull back on the broken bearish trendline.

pirouzmoradi

As you can see in the chart, the price has hit the long term rising trendline. It would be a good opportunity for the hodlers to pack up their bags. So wait for a bounce from the trendline before buying. A weekly close below this trendline invalidates the idea.

pirouzmoradi

As you can see in the chart, BTCUSDT is forming a rising wedge in 4-hour timeframe and is expected to exit the wedge in the next following candles. Any comments or opinions would be very appreciated.

pirouzmoradi

Next target: 51500