Daily review of BTC interval 4H
Hello everyone, I invite you to a short discussion of the Rising Wedge formation created on the BTC chart.
We can observe the formation of the Rising Wedge, which is characterized by a bottom exit from the channel.
For a possible play, you should keep the stop loss at $ 21,630, while entering positions in the marked channel, but the safest will be at $ 20,755, after leaving the channel at the bottom.
The target that can be taken into account is around $ 19,686.
Please watch the EMA Cross 10 and 30 when the red line crosses the green from above to confirm this entry into a downtrend.
We can observe the formation of the Rising Wedge, which is characterized by a bottom exit from the channel.
For a possible play, you should keep the stop loss at $ 21,630, while entering positions in the marked channel, but the safest will be at $ 20,755, after leaving the channel at the bottom.
The target that can be taken into account is around $ 19,686.
Please watch the EMA Cross 10 and 30 when the red line crosses the green from above to confirm this entry into a downtrend.
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.