YoCrypto

$XBTUSD - Bitcoin Technical Analysis - Due correction in sight

Corto
YoCrypto Actualizado   
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.
Operación cerrada: objetivo alcanzado:
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
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.