Price formed wedge-continuation pattern,
now in wedge we see rounded tops, which
looking down, price is below MA 100,200;
According the Fan principle we see 2 brokedown
of supports, 3rd suppord=big wedge support,
so if 3rd support will break - waiting for next
falling impulse. Targets: 6200$
now in wedge we see rounded tops, which
looking down, price is below MA 100,200;
According the Fan principle we see 2 brokedown
of supports, 3rd suppord=big wedge support,
so if 3rd support will break - waiting for next
falling impulse. Targets: 6200$
Note
After breakout 6528 will review of previous local bearish scenario
Note
Now looks local bullish. movement to wedge resistance
Note
BTC cant breakout flag resistance and rebounced
waiting for further movement on Flag-pattern
Telegram channel: t.me/SupernovaElite
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Telegram channel: t.me/SupernovaElite
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.