We broke the hourly rising wedge and BTC is up from its 2 day range.
If we break the falling trendline where 48,600 is a key point. If we break it with potentiol to 49,000 then we’re bullish again and our next target will be 52,000.
BTC is making higher low; which is the indication of correction of BTC. Stay on sideline when market make traps but we still believe we will rise up as we just made a higher low.
BTC will be dangerous if we make a lower low that will be done after dropping from 44,000.
Happy Trading - Stay Alert!
If we break the falling trendline where 48,600 is a key point. If we break it with potentiol to 49,000 then we’re bullish again and our next target will be 52,000.
BTC is making higher low; which is the indication of correction of BTC. Stay on sideline when market make traps but we still believe we will rise up as we just made a higher low.
BTC will be dangerous if we make a lower low that will be done after dropping from 44,000.
Happy Trading - Stay Alert!