Price capped in a wedge in Daily time frame.
There was a fake break from the bottom of this wedge last week and sharply got back to the top of it!
Now : break and confirm above 120 K in Daily would make the market BULLISH
break and confirm under 116.5 K in Daily would make the market BEARISH.
other wise market is still in a range mode...
There was a fake break from the bottom of this wedge last week and sharply got back to the top of it!
Now : break and confirm above 120 K in Daily would make the market BULLISH
break and confirm under 116.5 K in Daily would make the market BEARISH.
other wise market is still in a range mode...
Trade active
As I said in this idea , right now because of last day candle close under 116,500 $ , it seems that for now on we should have DOWNTREND on bitcoin chart.
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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.