Currently, BTC Futures are in a rising wedge, with a target of 18,550$ (if the trendline below is broken and the candle closes below it), and a minor 19,000$ support, where it might decide to retest the wedge trendline. However, as BTC followers know it might decide to break the wedge upside, but it is a smaller probability.
Commento:
As expected, BTC hit its first target downwards. This is minor support, which could hold for a while, even retest the wedge trendline. However, in my opinion, a base is being formed which would send BTC to its final target of the wedge.
Trade chiuso: obiettivo raggiunto:
Okay, so BTC Futures are closed until Sunday. However, BTC/USD hit my target perfectly.