On the 4 hourly chart, a beautiful ascending wedge pattern is forming which is a bullish pattern.
Now, BTC is in a very tight range. It needs to breakout soon.
This pattern will probably take us to $8100ish level where we might see another retracement. A close above $8000 would strengthen the case for the bulls.
However, there have been many bull/bear traps taking place lately. Therefore i advise you to place optimal stop losses at $7495 which is the previous higher low. Whales just love to shock us from time to time :) No matter what, we have a bright future for cryptos!
Happy investing!
Now, BTC is in a very tight range. It needs to breakout soon.
This pattern will probably take us to $8100ish level where we might see another retracement. A close above $8000 would strengthen the case for the bulls.
However, there have been many bull/bear traps taking place lately. Therefore i advise you to place optimal stop losses at $7495 which is the previous higher low. Whales just love to shock us from time to time :) No matter what, we have a bright future for cryptos!
Happy investing!
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.
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.