parissap

BTC weekly falling wedge and bullish signs

Largo
INDEX:BTCUSD   Bitcoin
#BTC/USDT
$BTC in the weekly time frame shows a divergence between RSI and price, also RSI candles are above HMA indicator, and price is above the lower zone of the falling wedge pattern.

🐮 these are some bullish signs that if it remains this way price will make a leg up to touch the resistance zone around $30k which is the same with the upper zone of the falling wedge pattern.

🐻 breaking down from 1.272 fib level will invalidate this scenario and price will drop to 1.414 fib level which is the lower of the lower line of the falling wedge.


#women_life_freedom

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.