BTC double bottomed on 1.272 already
Well well well, knowing that 1.272 is a special area for prices to reverse, its important to pay close attention to PA here
After hitting 1.272 already once in june, BTC now has double bottomed just above $17.933.
If this level holds its :
1) signaling a change of trend
2) setting ground for a powerful reaction towards 0.886-0.50 levels
PA has been forming one major and a local falling wedge, which usually resolve to the opposite direction.
Invalidation remains a new low (or even 18.1k to break).
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
After hitting 1.272 already once in june, BTC now has double bottomed just above $17.933.
If this level holds its :
1) signaling a change of trend
2) setting ground for a powerful reaction towards 0.886-0.50 levels
PA has been forming one major and a local falling wedge, which usually resolve to the opposite direction.
Invalidation remains a new low (or even 18.1k to break).
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.