Rex_yang

BTCUSD 1H Did price get support?

BYBIT:BTCUSD   None
In BTCUSD 1H
The price broke-out the falling wedge and test the downtrend line again.

It broke-out the short-term tunnel and went up in the short time
and we got a hammer candlestick.
Usually we got hammer at sterong support area.

If it can go up and close higher than 12 ema .
We can setup stop loss at(47724.5)

1st target will be 1(50563.5)
2nd target will 1.272~1.382(52368.5~53097.5)

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