YoCrypto

$XBTUSD - Bitcoin Technical Analysis - Due correction in sight

Short
YoCrypto Mis à jour   
BITMEX:XBTUSD.P   Bitcoin
Let's look at the market and see what it is showing us currently.

We can see a big rising wedge has been formed and has reached a pivotal point and we might soon see due correction in price of Bitcoin. I expect the price to fall to demand area of 8050$ to 8400$

XBTUSD.P

I have published a similar idea as can be seen below which suggests that market would soon enter a correction (this is invalid if Bitcoin crosses 10000$ in a day or two). Check out the chart below

If you like the idea, do hit like button. Thanks.
Trade fermée: cible de profit atteinte:
This played out really well as expected. Will look out for an idea to possibly long. Hope you liked the idea. Hit like button to keep me motivated.

📍Telegram : t.me/YoCrypto
📍Twitter : twitter.com/YoCrypto
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.