hello trader,
BTC is on the move to 3k we all know that is the most likely senario . the question is WHEN ?
well as you can see on the chart i have drawn a descending triangle with a target of 3k's.
- RSI was showing oversold when we bounced off the triangles lower trendline!
- The 2hour candle closed above 3700
note: i see this as a buy oppertunity ,we all know it can go lower but dont try to catch the bottom you wil likely miss it.
Thanks a lot for reading, your time is highly appreciated. If you enjoyed this , please make sure to hit LIKE.
BTC is on the move to 3k we all know that is the most likely senario . the question is WHEN ?
well as you can see on the chart i have drawn a descending triangle with a target of 3k's.
- RSI was showing oversold when we bounced off the triangles lower trendline!
- The 2hour candle closed above 3700
note: i see this as a buy oppertunity ,we all know it can go lower but dont try to catch the bottom you wil likely miss it.
Thanks a lot for reading, your time is highly appreciated. If you enjoyed this , please make sure to hit LIKE.
Note
H&S on the 4hour chart is olso possible senario with a target off 2900's.downwards is most likely .
Note
Note
We bounced nicely ! This is just a waiting game.
Related publications
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.
Related publications
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.