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BTCUSD Falling Wedge made a bottom. Short term buy signal.

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Bitcoin / BTCUSD is trading inside a Falling Wedge, which just made a new Low today.

Every prior hit on its bottom trendline / support has been a buy signal.

The December 20th and 23rd bottoms rebounded to Resistance A. The December 30th rose a bit more to the 0.618 Fibonacci level.

As a result we can buy and target at least $95750 (Resistance A).

See also how the 4hour RSI made a similar Double Bottom to December's.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.