BTC - 4h falling wedge + Bullish divergence TP $7,200

13 Haz 2018

Hi TradingView community,

Short term trend on BTC. For the first time in a long period, BTC starts to shows some bullishness on the 4h chart.

Trade setup:
- Steep falling wedge
- Oversold RSI
- Bullish RSI on Stoch RSI

/!\ Target top of the wedge at $7,200
/!\ Stop Low below 2d support at $6,300


This forecast is not a financial advice, study, exercise yourself, put into question your reasoning.
Well, strive to be a better trader tomorrow than we are today.

All the Best from the Crypto Space
Alteroc



AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading

13 Haz 2018

Not

If you like this analysis, please give it a like. It's a nice motivation to share charting everyday with the TV community :)

13 Haz 2018

Not

Getting clearer on the 2h TimeFrame

22 Haz 2018

İşlem elle kapatılmış

Played out well until $6,900 mark. I hope you took profit and went short as advised in the newer BTC update.