BitcoinLong
Bitcoin BTCUSD - Rising wedge (fake) + 0.618 FIB resistance
- If we take a look at the chart, we can spot an rising wedge, which can be a fake bear trap.
- Looks like the trendline since April 2021 is breaking out!
- Also the price printed an inverse head and shoulders pattern.
- The price is fighting with the 200 daily moving average.
- We have a great multiple support around 41 000 to 45 000 USD.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
- Looks like the trendline since April 2021 is breaking out!
- Also the price printed an inverse head and shoulders pattern.
- The price is fighting with the 200 daily moving average.
- We have a great multiple support around 41 000 to 45 000 USD.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.