Bitcoin Has 2 Bullish Patterns Plus A Bullish Divergence
2 Bullish Patterns, A Descending Broadening Wedge (Blue Lines) , and a Falling Wedge (Yellow Lines)
Plus: A Bullish Divergence (Green Line)
Outlook: Upward Breakout
Target: $12,500-ish
Outlook: Downward Breakout
Target: $10,200-ish
Bitcoin has the tendency to go the opposite way or do an "FU" move with Stop_Hunting Wicks.
Always remember to place your stops at the appropriate levels.
Happy Trading Everyone.
Ron
2 Bullish Patterns, A Descending Broadening Wedge (Blue Lines) , and a Falling Wedge (Yellow Lines)
Plus: A Bullish Divergence (Green Line)
Outlook: Upward Breakout
Target: $12,500-ish
Outlook: Downward Breakout
Target: $10,200-ish
Bitcoin has the tendency to go the opposite way or do an "FU" move with Stop_Hunting Wicks.
Always remember to place your stops at the appropriate levels.
Happy Trading Everyone.
Ron
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