BTCUSD is currently moving within an ascending broad wedge pattern on the 3D chart. Price has reached the resistance area near 123K and is showing a higher probability of breaking above it, targeting the 140K level. The setup remains bullish as long as price holds above the marked sub-trendline.
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More clear picture on formation of bearish wedge inside this channel and it may take some time to break it or after reaching the 140K let us see... Trade active
Loading....... 140K.....Note
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smart money at work ? Note
look to be major support with fib 0.382 Note
Trade close at breakeven as it dodnot go as expected . but still price has not gone below the sub support. let us wait ..Note
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if this blue trendline support breaks then price will surely drop down but chances are low.... let us see good buy 11700 0 or 116500 rangeNote
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wait for breakout Note
Till 120-121 K it will move latter some correction may take place for furhter movement as it fall will with 0.5 and 0.618 level of sellers side.... Note
breaking 1185 resistance under progress 
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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.