BTC is forming a rising wedge, which is a bearish pattern. 70% change to breakdown. 30% change to breakup.
Trade setup:
- Enter the trade by a break of support at $10736
- Target is bottom of the wedge, which coincide whit the 0.5 to 0.618 fib zone. (green zone on the chart)
>> Potential profit 2.71% <<
Trade setup:
- Enter the trade by a break of support at $10736
- Target is bottom of the wedge, which coincide whit the 0.5 to 0.618 fib zone. (green zone on the chart)
>> Potential profit 2.71% <<
